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

Ivan Kitov

No 95, Working Papers from ECINEQ, Society for the Study of Economic Inequality

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: personal income distribution; age; mean income; microeconomic modelling; USA; real GDP; macroeconomics (search for similar items in EconPapers)
JEL-codes: D01 D31 E17 J1 O12 (search for similar items in EconPapers)
Pages: 41 pages
Date: 2008
New Economics Papers: this item is included in nep-mac
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Citations: View citations in EconPapers (4)

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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)
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