Economic Growth, Income Distribution and Economic Welfare in Canada 1975-1994

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Economic Growth, Income Distribution and Economic Welfare in Canada 1975-1994

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Lars Osberg () (Department of Economics, Dalhousie University)

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Lars Spencer Osberg

Abstract

Assessment of trends in Canadian living standards is incomplete if family money incomes are not adjusted for the shrinking size of Canadian families. This paper uses OECD and Statistics Canada equivalence scales to examine the level and distribution of equivalent money income in 1975, 1981,1984, 1989 and 1994, using SCF micro-data and concentrates on inequality within and between birth cohorts. Less than 5% of aggregate income inequality is due to intergenerational inequality. From 1975 to 1989, all cohorts experienced rising average incomes, with no trend in intra-cohort inequality, except among senior citizens. The 1990's have, however, been a decade of declining average real equivalent income.

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Paper provided by Dalhousie, Department of Economics in its series Department of Economics at Dalhousie University working papers archive with number econgrow.

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Length: 52 pages
Date of creation: 17 Dec 1996
Date of revision:
Handle: RePEc:dal:wparch:econgrow

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Article
- Osberg, Lars, 1997. "Economic growth, income distribution and economic welfare in Canada 1975-1994," The North American Journal of Economics and Finance, Elsevier, vol. 8(2), pages 153-166. [Downloadable!] (restricted)
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References listed on IDEAS
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Dinardo, J. & Fortin, N.M. & Lemieux, T., 1994. "Labor Market Institutions and the Distribution of Wages, 1973-1992: A Semiparametric Approach," Cahiers de recherche 9406, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
Other versions:
- Dinardo, J. & Fortin, N.M. & Lemieux, T., 1994. "Labor Market Institutions and the Distribution of Wages, 1973-1992: a Semiparametric Approach," Cahiers de recherche 9406, Universite de Montreal, Departement de sciences economiques. [Downloadable!]
- John DiNardo & Nicole M. Fortin & Thomas Lemieux, 1995. "Labor Market Institutions and the Distribution of Wages, 1973-1992: A Semiparametric Approach," NBER Working Papers 5093, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
- Nidardo, J. & Fortin, N. & Lemieux, T., 1994. "Labor Market Institutions and the Distribution of Wages, 1973-1992: A Semiparametric Approach," Papers 93-94-15, California Irvine - School of Social Sciences.
- DiNardo, John & Fortin, Nicole M & Lemieux, Thomas, 1996. "Labor Market Institutions and the Distribution of Wages, 1973-1992: A Semiparametric Approach," Econometrica, Econometric Society, vol. 64(5), pages 1001-44, September. [Downloadable!] (restricted)
Jenkins, Stephen P., 1995. "Did the middle class shrink during the 1980s? UK evidence from kernel density estimates," Economics Letters, Elsevier, vol. 49(4), pages 407-413, October. [Downloadable!] (restricted)
Burbidge, John B & Magee, Lonnie & Robb, A Leslie, 1997. "Canadian Wage Inequality over the Last Two Decades," Empirical Economics, Springer, vol. 22(2), pages 181-203.
Lars Osberg, 1998. "Economic Insecurity," Discussion Papers 0088, University of New South Wales, Social Policy Research Centre. [Downloadable!]
Phipps, Shelley & Garner, Thesia I, 1994. "Are Equivalence Scales the Same for the United States and Canada?," Review of Income and Wealth, Blackwell Publishing, vol. 40(1), pages 1-17, March.
Doiron, Denise J & Barrett, Garry F, 1996. "Inequality in Male and Female Earnings: The Role of Hours and Wages," The Review of Economics and Statistics, MIT Press, vol. 78(3), pages 410-20, August. [Downloadable!] (restricted)
Other versions:
- Doiron, D.J. & Barrett, G.F., 1992. "Inequality in Male and Female Earnings: The Role of Hours and Wages," UBC Departmental Archives 92-36, UBC Department of Economics.

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