Lifetime Earnings and Inequality
It is argued that for many purposes the measurement of inequality should be based on income measured over a longer period than a single year. However, samples of individual earnings over a long period are extremely rare and there are no data on complete lifetime earnings. This survey examines the wide variety of attempts that have been made to estimate inequality using a longer accounting period. Emphasis is placed on the problems of extending the accounting period, rather than the properties of particular statistical measures of inequality. Copyright 1991 by The Economic Society of Australia.
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Volume (Year): 67 (1991)
Issue (Month): 196 (March)
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