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Winners and Losers over the 1990s Business Cycles in Germany, Great Britain, Japan, and the United States

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  • Richard V. Burkhauser
  • Takashi Oshio
  • Ludmila Rovba

Abstract

This paper uses kernel density estimation to show how after-tax household size-adjusted income changed between the peak years of the 1990s business cycle in Germany, Great Britain, Japan, and the United States. Great Britain and the United States experienced substantial growth in average income, a decline in inequality, and a movement of their income distributions to the right. In contrast, Germany and Japan had less income growth, together with a rise in inequality and a decline in the middle mass of their distributions that spread mostly to the right, much like the United States experienced over its 1980s business cycle.

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Bibliographic Info

Article provided by Duncker & Humblot, Berlin in its journal Schmollers Jahrbuch.

Volume (Year): 127 (2007)
Issue (Month): 1 ()
Pages: 75-84

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Handle: RePEc:aeq:aeqsjb:v127_y2007_i1_q1_p75-84

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Web: http://www.duncker-humblot.de/index.php/zeitschriften/wirtschafts-undsozialwissenschaften/schmollersjahrbuch-1.html

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Cited by:
  1. Richard V. Burkhauser & Shuaizhang Feng & Stephen P. Jenkins, 2009. "Using The P90-P10 Index To Measure U.S. Inequality Trends With Current Population Survey Data: A View From Inside The Census Bureau Vaults," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 55(1), pages 166-185, 03.
  2. Fräßdorf, Anna & Grabka, Markus M. & Schwarze, Johannes, 2008. "The Impact of Household Capital Income on Income Inequality: A Factor Decomposition Analysis for Great Britain, Germany and the USA," IZA Discussion Papers 3492, Institute for the Study of Labor (IZA).

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