Anatomy of the US Income Distribution: Two Decades of Change

L.A. Karoly

Working Papers from RAND - Reprint Series

Abstract: Forty years ago, Simon Kuznets, in his presidential address to the American Economics Association, outlined his hypothesis that the process of economic development would first be accompanied by rising disparities in economic well-being, followed by a period when the distribution wouls be stable or eventually move toward greater equality. The distributional changes over the last two decades have been accompanied by a number of key demographic and economic developments.

Keywords: INCOME; ECONOMIC GROWTH; ECONOMIC DEVELOPMENT; INCOME DISTRIBUTION (search for similar items in EconPapers)
JEL-codes: D30 D31 D39 O40 O49 (search for similar items in EconPapers)
Pages: pages
Date: 1996
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:fth:randrs:96-07

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