Abstract:
This paper takes income distribution as a case study of the role of data in economics. After describing the transformation which has taken place with regard to the availability of data on income inequality, it discusses how the comparability of these estimates is brought into question by differences in methodology that cannot be eliminated by simple adjustments. Recent analyses of the relationships between income inequality and growth or globalisation are shown to be based on time series plagued by discontinuities which can seriously affect regression results. The paper concludes by calling for greater attention to data quality in applied economics. Copyright The Author 2006. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved., Oxford University Press.
Cambridge Journal of Economics is edited by Katharine Norman
More articles in Cambridge Journal of Economics from Oxford University Press Address: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK Series data maintained by Christopher F. Baum ().
This site is part of RePEc
and all the data displayed here is part of the RePEc data set.
Is your work missing from RePEc? Here is how to
contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .