Neighborhood wealth distributions
AbstractThis paper uses data from the neighborhood clusters sample of the 1989 American Housing Survey and the Panel Study of Income Dynamics and its 1989 wealth supplement to study the distribution of wealth within US residential neighborhoods. It uses the Bourguignon decomposable inequality index and finds that wealth is more unequally distributed than income, and income more than housing wealth, at all levels of aggregation, that is, neighborhoods, metropolitan areas, regions and the entire US.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 76 (2002)
Issue (Month): 3 (August)
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Web page: http://www.elsevier.com/locate/ecolet
Other versions of this item:
- Yannis M. Ioannides & Tracey N. Seslen, 2001. "Neighborhood Wealth Distributions," Discussion Papers Series, Department of Economics, Tufts University 0116, Department of Economics, Tufts University.
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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9905, College of the Holy Cross, Department of Economics.
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"Homeownership: Low Household Mobility, Volatile Housing Prices, High Income Dispersion,"
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823, CESifo Group Munich.
- Sven Rady, 2002. "Homeownership: Low household mobility, volatile housing prices, high income dispersion," FMG Discussion Papers dp432, Financial Markets Group.
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- François Ortalo-Magné & Sven Rady, . "Homeownership: Volatile Housing Prices, Low Labor Mobility and High Income Dispersion," Wisconsin-Madison CULER working papers 02-04, University of Wisconsin Center for Urban Land Economic Research.
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