Levels and Long-Term Trends in Earnings Inequality: Overcoming Current Population Survey Censoring Problems Using the GB2 Distribution
Over its history, the March Current Population Survey (CPS) has increasingly captured the upper tail of the distribution of all sources of income. This, together with time-consistency problems in top coding, means that users of both the public-use and restricted-access CPS will understate the level...
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| Veröffentlicht in: | Journal of business & economic statistics 2006-01, Vol.24 (1), p.57-62 |
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| container_end_page | 62 |
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| container_title | Journal of business & economic statistics |
| container_volume | 24 |
| creator | Feng, Shuaizhang Burkhauser, Richard V Butler, J. S |
| description | Over its history, the March Current Population Survey (CPS) has increasingly captured the upper tail of the distribution of all sources of income. This, together with time-consistency problems in top coding, means that users of both the public-use and restricted-access CPS will understate the level of wage earnings and income inequality in earlier years and overstate their growth over time. We address this problem by modeling the personal earnings of full-time, full-year workers using the generalized beta distribution of the second kind, calculating Gini coefficients from the estimated parameters, and comparing them with past findings. |
| doi_str_mv | 10.1198/073500105000000144 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0735-0015 |
| ispartof | Journal of business & economic statistics, 2006-01, Vol.24 (1), p.57-62 |
| issn | 0735-0015 1537-2707 |
| language | eng |
| recordid | cdi_proquest_journals_223208075 |
| source | JSTOR Mathematics & Statistics; Jstor Complete Legacy |
| subjects | Censored data Censorship Censuses Current population survey Demographics Economic trends Gini coefficient Gini values Income distribution Income inequality Inequality measurement Maximum likelihood estimation Net income Polls & surveys Population Real wages Series convergence Studies Time consistency |
| title | Levels and Long-Term Trends in Earnings Inequality: Overcoming Current Population Survey Censoring Problems Using the GB2 Distribution |
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