Inequality in the United States 1946-2015

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" Inequality in the United States 1946-2015 "
Schwendel, John Albert Mohtadi, Hamid

Document Type	:	Latin Dissertation
Language of Document	:	English
Record Number	:	1114378
Doc. No	:	TLpq2407334065
Main Entry	:	Mohtadi, Hamid
	:	Schwendel, John Albert
Title & Author	:	Inequality in the United States 1946-2015\ Schwendel, John AlbertMohtadi, Hamid
College	:	The University of Wisconsin - Milwaukee
Date	:	2020
student score	:	2020
Degree	:	Ph.D.
Page No	:	123
Abstract	:	This dissertation consists of two essays which are concerned with the measurement and description of Income Inequality. Chapter 1 studies the measurement of inequality when data is presented in binned form. While various methods have been proposed for this purpose, I reveal an issue which has not yet been addressed in the literature. I demonstrate that differences in mean earnings can cause differences in the measures of inequality, even if underlying income shares remain constant. The consequence of this issue is that the usage of many of the available methods will create estimates of inequality not suitable for descriptive purposes and especially problematic for regression analysis. In this chapter I describe the nature of binned data, the methods available for estimation of inequality from this data, and a scaling issue detrimental to many estimation techniques. I then perform a series of simulations to demonstrate when certain methodologies perform better than others. I also establish if there are qualities of a specific dataset that would make a given method more appropriate in certain situations.
Subject	:	Economics
	:	Income
	:	Inequality
	:	U.S. distribution of income