Income Inequality, Volatility, and Mobility Risk in China and the Us
Nichols, Austin. (2010). Income Inequality, Volatility, and Mobility Risk in China and the Us. China Economic Review, 21, S3-S11.
Nichols, Austin. (2010). Income Inequality, Volatility, and Mobility Risk in China and the Us. China Economic Review, 21, S3-S11.
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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.
JOUR
Nichols, Austin
2010
China Economic Review
21
S3-S11
1043-951X
10.1016/j.chieco.2010.05.004
1424