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Post-Fisc Distributions of Income in 1950, 1961, and 1970

Author

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  • Morgan Reynolds

    (Texas A&M University)

  • Eugene Smolensky

    (University of Wisconsin—Madison)

Abstract

Distributions of income after allocating all government taxes and expenditures to households are compared over two decades. Extending prior work back an additional decade and adding extensive sensitivity analyses leave our earlier conclusions unaffected. Specifically, despite efforts towards a more egalitarian distribution and a sizable increase in benefits accruing to the low end of the distribution, aggregate income dispersion in final distributions changed very little between 1950 and 1970.

Suggested Citation

  • Morgan Reynolds & Eugene Smolensky, 1977. "Post-Fisc Distributions of Income in 1950, 1961, and 1970," Public Finance Review, , vol. 5(4), pages 419-438, October.
  • Handle: RePEc:sae:pubfin:v:5:y:1977:i:4:p:419-438
    DOI: 10.1177/109114217700500402
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    References listed on IDEAS

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    1. Meerman, Jacob P, 1974. "The Definition of Income in Studies of Budget Incidence and Income Distribution," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 20(4), pages 515-522, December.
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    4. Kakwani, N C & Podder, N, 1973. "On the Estimation of Lorenz Curves from Grouped Observations," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 14(2), pages 278-292, June.
    5. Champernowne, D G, 1974. "A Comparison of Measures of Inequality of Income Distribution," Economic Journal, Royal Economic Society, vol. 84(336), pages 787-816, December.
    6. Atkinson, Anthony B., 1970. "On the measurement of inequality," Journal of Economic Theory, Elsevier, vol. 2(3), pages 244-263, September.
    7. Dasgupta, Partha & Sen, Amartya & Starrett, David, 1973. "Notes on the measurement of inequality," Journal of Economic Theory, Elsevier, vol. 6(2), pages 180-187, April.
    8. Jacob P. Meerman, 1974. "The Definition Of Income In Studies Of Budget Incidence And Income Distribution," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 20(4), pages 515-522, December.
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    1. repec:bas:econth:y:2012:i:4:p:26-45 is not listed on IDEAS
    2. repec:bas:econth:y:2012:i:4:p:3-25 is not listed on IDEAS

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