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The Level and Distribution of Economic Well-Being

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  • Alan S. Blinder

Abstract

This paper summarizes and critically evaluates what is known about postwar trends in both the level and distribution of economic well-being. Although certain non-income aspects of well-being are considered, the primary focus is on the level and inequality of income. Considerable attention is paid to recent controversies over the effects of transfers in kind and changing life-cycle income patterns on the overall trend in income inequality.

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Bibliographic Info

Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 0488.

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Date of creation: Jun 1980
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Publication status: published as Blinder, Alan S. "The Level and Distribution of Economic Well-Being." The American Economy in Transition, edited by Martin Feldstein, pp. 415-499. Chicago: University of Chicago Press, 1980.
Handle: RePEc:nbr:nberwo:0488

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  1. Rivlin, Alice M, 1975. "Income Distribution-Can Economists Help?," American Economic Review, American Economic Association, American Economic Association, vol. 65(2), pages 1-15, May.
  2. Atkinson, Anthony B., 1970. "On the measurement of inequality," Journal of Economic Theory, Elsevier, Elsevier, vol. 2(3), pages 244-263, September.
  3. Michael Rothschild & Joseph E. Stiglitz, 1972. "Some Further Results on the Measurement of Inequality," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University 344, Cowles Foundation for Research in Economics, Yale University.
  4. Morgan, James N & Smith, James D, 1969. "Measures of Economic Well-Offness and Their Correlates," American Economic Review, American Economic Association, American Economic Association, vol. 59(2), pages 450-62, May.
  5. Shorrocks, Anthony, 1978. "Income inequality and income mobility," Journal of Economic Theory, Elsevier, Elsevier, vol. 19(2), pages 376-393, December.
  6. Blinder, Alan S, 1976. "Inequality and Mobility in the Distribution of Wealth," Kyklos, Wiley Blackwell, Wiley Blackwell, vol. 29(4), pages 607-38.
  7. Stigler, George J, 1973. "General Economic Conditions and National Elections," American Economic Review, American Economic Association, American Economic Association, vol. 63(2), pages 160-67, May.
  8. Browning, Edgar K, 1978. "The Burden of Taxation," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 86(4), pages 649-71, August.
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Cited by:
  1. Thomas Lemieux, 2007. "The Changing Nature of Wage Inequality," NBER Working Papers 13523, National Bureau of Economic Research, Inc.
  2. von Weizsacker, Robert K., 1996. "Distributive implications of an aging society," European Economic Review, Elsevier, Elsevier, vol. 40(3-5), pages 729-746, April.
  3. R. D. Plotnick & E. Smolensky & E. Evenhouse & S. Reilly, . "The Twentieth Century Record of Inequality and Poverty in the United States," Institute for Research on Poverty Discussion Papers 1166-98, University of Wisconsin Institute for Research on Poverty.
  4. Joel Slemrod, 1998. "The Economics of Taxing the Rich," NBER Working Papers 6584, National Bureau of Economic Research, Inc.

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