Related papers: Income Inequality and Intergenerational Mobility i…
This paper introduces the Relative Inequality Index at the Maximum (IDRM), a novel and intuitive measure designed to capture inequality within a population, such as income inequality. The index is based on the idea that individuals…
By borrowing methods from complex system analysis, in this paper we analyze the features of the complex relationship that links the development and the industrialization of a country to economic inequality. In order to do this, we identify…
This paper considers identification and estimation of distributional effect parameters that depend on the joint distribution of an outcome and another variable of interest ("treatment") in a setting with "two-sided" measurement error --…
Signalling social status through the consumption of visible goods has often been perceived as a way in which individuals seek to emulate or move up compared to others within the community. Using representative migration survey data from the…
In the recent times of global Covid pandemic, the Federal Reserve has raised the concerns of upsurges in prices. Given the complexity of interaction between inflation and inequality, we examine whether the impact of inflation on inequality…
A new measure of income inequality that captures the heavy tail behavior of the income distribution is proposed. We discuss two different approaches to find the estimators of the proposed measure. We show that these estimators are…
In response to the coronavirus disease 2019 (COVID-19) pandemic, governments have encouraged and ordered citizens to practice social distancing, particularly by working and studying at home. Intuitively, only a subset of people have the…
We undertake an exploration of the economic income (Gross Domestic Product, GDP) of Indian districts and cities based on scaling analyses of the dependence of these quantities on associated population size. Scaling analysis provides a…
Intra-household inequality continues to remain a neglected corner despite renewed focus on income and wealth inequality. Using the LIS micro data, we present evidence that this neglect is equivalent to ignoring up to a third of total…
Reliable analysis of migration is critically dependent on the quality and consistency of the underlying data. Indian migration data, primarily derived from decennial census records, are affected by systematic gaps arising from uneven…
Environmental degradation, global pandemic and severing natural resource related problems cater to increase demand resulting from migration is nightmare for all of us. Huge flocks of people are rushing towards to earn, to live and to lead a…
This paper investigates the interactions among consumption/savings, investment, and retirement choices with income disaster. We consider low-income people who are exposed to income disaster so that they retire involuntarily when income…
We investigate the effect of tax evasion on the income distribution and the inequality index of a society through a kinetic model described by a set of nonlinear ordinary differential equations. The model allows to compute the global…
A growing literature provides evidence on multigenerational inequality -- the extent to which socio-economic advantages persist across three or more generations. This chapter reviews its main findings and implications. Most studies find…
Residential segregation recently has shifted to more class or income-based in the United States, and neighborhoods are undergoing significant changes such as commuting patterns over time. To better understand the commuting inequality across…
This paper examines the spatial distribution of income in Ireland. Median gross household disposable income data from the CSO, available at the Electoral Division (ED) level, is used to explore the spatial variability in income. Geary's C…
We develop a Bayesian state-space model for analyzing the dynamic evolution of income distributions using grouped income data. The model combines the generalized beta distribution of the second kind (GB2) with latent time-varying parameters…
We report the numerical results for the steady state income or wealth distribution $P(m)$ and the resulting inequality measures (Gini $g$ and Kolkata $k$ indices) in the kinetic exchange models of market dynamics. We study the variations of…
A common assumption in the literature is that the level of income inequality shapes individuals' beliefs about whether the income distribution is fair (``fairness views,'' for short). However, individuals do not directly observe income…
Segregation is a highly nuanced concept that researchers have worked to define and measure over the past several decades. Conventional approaches tend to estimate segregation based on residential patterns in a static manner. In this work,…