Richard V. Burkhauser (Department of Policy Analysis and Management, Cornell University) Kenneth A. Couch (Department of Economics, University of Connecticut) Andrew Houtenville (School of Industrial and Labor Relations, Cornell University) Ludmila Rovba (Department of Econonomics, Cornell University)
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Using data from March Current Population Surveys we find gains from economic growth over the 1990s business cycle (1989-2000) were more equitably distributed than over the 1980s business cycle (1979-1989) using summary inequality measures as well as kernel density estimations. The entire distribution of household size-adjusted income moved upwards in the 1990s with profound improvements for African Americans, single mothers and those living in households receiving welfare. Most gains occurred over the growth period 1993-2000. Improvements in average income and income inequity over the latter period are reminiscent of gains seen in the first three decades after World War II.
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Paper provided by University of Connecticut, Department of Economics in its series Working papers with number
2004-11.
Length: 44 pages Date of creation: Jun 2004 Date of revision: Handle: RePEc:uct:uconnp:2004-11
Note: We thank J.S. Butler and Mary C. Daly for their comments on earlier versions of this paper. Contact details of provider: Postal: University of Connecticut 341 Mansfield Road, Unit 1063 Storrs, CT 06269-1063 Phone: (860) 486-4889 Fax: (860) 486-4463 Web page: http://www.econ.uconn.edu/ More information through EDIRC
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