Facts on the Distributions of Earnings, Income, and Wealth in the United States: 2007 Update
Author(s) -
Javier Dı́az-Giménez,
Andy Glover,
José-V́ıctor Ŕıos-Rull
Publication year - 2011
Publication title -
quarterly review
Language(s) - English
Resource type - Journals
eISSN - 2163-4378
pISSN - 0271-5287
DOI - 10.21034/qr.3411
Subject(s) - earnings , inequality , marital status , economics , demographic economics , bankruptcy , economic inequality , labour economics , finance , demography , sociology , mathematical analysis , population , mathematics
This article is largely a description of inequality of earnings, income, and wealth in the United States in 2007 as measured by the Survey of Consumer Finances (SCF). We look at inequality in relation to various characteristics such as age, education, employment status, marital status, and whether households are late payers or include bankruptcy filers. We also look at economic mobility. We compare these variables in 2007 with their values in our earlier study in 1998.
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