How the Distribution of After-Tax Income Changed Over the 1990s Business Cycle: A Comparison of the United States, Great Britain, Germany and Japan

Richard Burkhauser, Takashi Oshio and Ludmila Rovba
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Takashi Oshio: Kobe University

Journal of Income Distribution, 2008, vol. 17, issue 1, 87-109

Abstract: Using kernel density estimation we find that over the 1990s business cycles in the United States and Great Britain the entire distribution of after-tax (disposable) income moved to the right while inequality declined. In contrast, Germany and Japan experienced less growth, a rise in inequality, and a decline in the middle mass of their distributions, that spread mostly to the right, much like in the United States over its 1980s business cycle. Inequality fell within the older populations of all four countries; inequality also fell within the younger populations of the United States and Great Britain, but it rose substantially in Germany and Japan.

Keywords: income inequality; kernel density estimation; economic well-being; crosscountry comparisons (search for similar items in EconPapers)
JEL-codes: D3 (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (8)

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Related works:
Working Paper: How the Distribution of After-Tax Income Changed over the 1990s Business Cycle: A Comparison of the United States, Great Britain, Germany and Japan (2007)
Working Paper: How the Distribution of After-Tax Income Changed Over the 1990s Business Cycle: A Comparison of the United States, Great Britain, Germany and Japan (2006)
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