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A New State-Level Panel of Annual Inequality Measures Over the Period 1916 – 2005

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  • Mark W. Frank

    ()
    (Department of Economics and International Business, Sam Houston State University)

Abstract

This paper introduces a new panel of annual state-level income inequality measures over the ninety year period 1916-2005. Among many of the states inequality followed a Ushaped pattern over the past century, peaking both before the Great Depression and again at the time of the new millennium. The new panel reveals significant state-level variations, both before the year 1945, and regionally. While Northeastern states are strongly correlated with aggregate U.S. trends, we find many of the Western states have little overall correlation over the past century. The availability of this new panel may prove useful to empirical researchers interested in all aspects of income inequality, particularly given the panel’s unusually large number of both time-series and crosssectional observations.

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File URL: http://www.shsu.edu/%7Etcq001/paper_files/wp08-02_paper.pdf
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Bibliographic Info

Paper provided by Sam Houston State University, Department of Economics and International Business in its series Working Papers with number 0802.

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Date of creation: Oct 2008
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Handle: RePEc:shs:wpaper:0802

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  2. Li, Hongyi & Squire, Lyn & Zou, Heng-fu, 1998. "Explaining International and Intertemporal Variations in Income Inequality," Economic Journal, Royal Economic Society, vol. 108(446), pages 26-43, January.
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  4. Pesaran, M.H. & Smith, R., 1992. "Estimating Long-Run Relationships From Dynamic Heterogeneous Panels," Cambridge Working Papers in Economics 9215, Faculty of Economics, University of Cambridge.
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  8. Cowell, Frank A & Mehta, Fatemeh, 1982. "The Estimation and Interpolation of Inequality Measures," Review of Economic Studies, Wiley Blackwell, vol. 49(2), pages 273-90, April.
  9. Peter C.B. Phillips & Hyungsik R. Moon, 1999. "Linear Regression Limit Theory for Nonstationary Panel Data," Cowles Foundation Discussion Papers 1222, Cowles Foundation for Research in Economics, Yale University.
  10. Joanne M. Doyle & Ehsan Ahmed & Robert N. Horn, 1999. "The Effects of Labor Markets and Income Inequality on Crime: Evidence from Panel Data," Southern Economic Journal, Southern Economic Association, vol. 65(4), pages 717-738, April.
  11. Hongyi Li & Lyn Squire & Tao Zhang & Heng-fu Zou, 1999. "A Data Set on Income Distribution," CEMA Working Papers 575, China Economics and Management Academy, Central University of Finance and Economics.
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Cited by:
  1. Pei-Chien Lin & Ho-Chuan Huang, 2011. "Inequality convergence in a panel of states," Journal of Economic Inequality, Springer, vol. 9(2), pages 195-206, June.

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