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Title: Mobility and Inequality in US Growth, 1968–2018
Citation Type: Miscellaneous
Publication Year: 2020
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Abstract: This paper combines cross-sectional and longitudinal labor income data to present a comparison between anonymous and non-anonymous growth incidence curves in the United States during the past 50 years. If anonymous growth incidence tend to be upward sloping because of increasing inequality during that period, the same is not true of non-anonymous curves. The latter prove to be flat or non-significantly down- ward sloping, suggesting some neutrality of growth when initial income positions are accounted for. This is true when using either panel data or synthetic panels based on CPS data and one-parameter functional representations of income mobility. Flat non- anonymous curves are observed even in periods of increasing cross-sectional income inequality. Differences between anonymous and non-anonymous curves thus matter for the interpretation of inequality changes, social welfare and policy.
Url: https://bermanjoe.github.io/BermanYonatan/Mobility_BermanBourguignon_Dec2020.pdf
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Authors: Berman, Yonatan; Bourguignon, Francois
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Data Collections: IPUMS CPS
Topics: Population Mobility and Spatial Demography, Poverty and Welfare
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