Article ID Journal Published Year Pages File Type
5047836 China Economic Review 2010 9 Pages PDF
Abstract

A unified index of income inequality, volatility, and mobility risk is presented, and measurements based on US and Chinese panel data calculated. China is found to have higher-income volatility than the US in recent data, so that long-run inequality is comparable in the two countries, and short-run inequality overstates long-run inequality more in China than in the US. In both countries volatility and income inequality are increasing over time.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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