Neighborhood Wealth Distributions

Yannis Ioannides and Tracey N. Seslen

No 116, Discussion Papers Series, Department of Economics, Tufts University from Department of Economics, Tufts University

Abstract: This paper uses data from the neighborhood clusters sample of the 1989 American Housing Survey and the Panel Study of Income Dynamics and its 1989 wealth supplement to study the distribution of wealth within US residential neighborhoods. It uses the Bourguignon decomposable inequality index and finds that wealth is more unequally distributed than income, and income more than housing wealth, at all levels of aggregation, that is, neighborhoods, metropolitan areas, regions and the entire US.

Keywords: income distribution; wealth distribution; decomposable inequality measures (search for similar items in EconPapers)
JEL-codes: C14 D31 (search for similar items in EconPapers)
Date: 2001
New Economics Papers: this item is included in nep-ure
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:tuf:tuftec:0116

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