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Modeling the evolution of age-dependent Gini coefficient for personal incomes in the U.S. between 1967 and 2005

Ivan Kitov

MPRA Paper from University Library of Munich, Germany

Abstract: This study validates the microeconomic model defining the evolution of personal incomes in the U.S. Because of a large portion of population not reporting any income, any comprehensive modeling of the overall personal income distribution (PID) is complicated. Age-dependent PIDs allow overcoming this shortcoming since the portion of population without income is very low (

Keywords: Gini coefficient; personal income distribution; age; mean income; microeconomic modelling; USA; real GDP; macroeconomics (search for similar items in EconPapers)
JEL-codes: D31 E17 J1 O12 (search for similar items in EconPapers)
Date: 2008-08-20
New Economics Papers: this item is included in nep-age and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Working Paper: Modeling the evolution of age-dependent Gini coefficient for personal incomes in the U.S. between 1967 and 2005 (2008) Downloads
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