This chapter is concerned with the distribution of personal wealth, which usually refers to the
material assets that can be sold in the marketpace, although on occasion pension rights are …

Abstract Evaluation of distributions of income on the basis of equality is one of the most
extensively studied topics in the general field of welfare economics. There is thus an …

This paper clarifies and extends the classical Roy model of self selection and earnings
inequality. The original Roy model, based on the assumption that log skills are normally …

This paper compares the age-wealth distribution produced in life-cycle economies to the
corresponding distribution in the US economy. The idea is to calibrate the model economies …

Ongoing questions on the historical mean and standard deviation of the return on equities
and bonds and on the equilibrium demand for these securities are addressed in the context …

This paper offers new evidence on the sources of cross-country income differences. It
exploits the idea that observing immigrant workers from different countries in the same labor …

A large literature now exists on the cross-national correlation between income inequality
and population health, but existing studies suffer from sparse data, poor operationalization …

Income mobility may be seen as arising from two sources:(i) the transfer of income among
individuals with total income held constant, and (ii) a change in the total amount of income …

Most information about the incomes of people in Britain today, such as provided by official
statistics, tells us how much inequality there is or how many poor people there are in a given …

This paper is about income and poverty dynamics and their socioeconomic correlates. The
first half of the paper aims to establish some of the salient facts for Britain, applying the …