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For Better or for Worse: Economic Positions of the Rich and the Poor: 1985-1995

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  • Olli Kangas

Abstract

In the first section of the study, we analyze the cross-sectional relationship between poverty rates and the income level of the poor. Thereafter, we take a close look at changes in time: how poverty and ""richness"" rates and changes in the income of the poor and the rich are related to each other. The second part of the paper illustrates how the economic tide has improved the lot of the middle-income earners, the worse-off and the best-off. Have the rich taken all the money and run? Is there anything left for the poor? The last section of the paper discusses the fairness of income distribution and presents some tasks for future research on the topics.

Suggested Citation

  • Olli Kangas, 2001. "For Better or for Worse: Economic Positions of the Rich and the Poor: 1985-1995," LIS Working papers 248, LIS Cross-National Data Center in Luxembourg.
    • Handle: RePEc:lis:liswps:248
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    1. Markus Jäntti & Bruce Bradbury, 1999. "Child Poverty across Industrialized Nations," LIS Working papers 205, LIS Cross-National Data Center in Luxembourg.
    2. Lee Rainwater & Timothy Smeeding, 1995. "Doing Poorly: The Real Income of American Children in a Comparative Perspective," LIS Working papers 127, LIS Cross-National Data Center in Luxembourg.
    3. Richard B. Freeman & Robert Topel & Birgitta Swedenborg, 1997. "The Welfare State in Transition: Reforming the Swedish Model," NBER Books, National Bureau of Economic Research, Inc, number free97-1, July.
    4. Peter Gottschalk & Timothy M. Smeeding, 1997. "Cross-National Comparisons of Earnings and Income Inequality," Journal of Economic Literature, American Economic Association, vol. 35(2), pages 633-687, June.
    5. Headey, Bruce & Goodin, Robert E. & Muffels, Ruud & Dirven, Henk-Jan, 1997. "Welfare Over Time: Three Worlds of Welfare Capitalism in Panel Perspective," Journal of Public Policy, Cambridge University Press, vol. 17(3), pages 329-359, September.
    6. Freeman, Richard B. & Topel, Robert H. & Swedenborg, Birgitta (ed.), 1997. "The Welfare State in Transition," National Bureau of Economic Research Books, University of Chicago Press, edition 1, number 9780226261782, June.
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    Cited by:

    1. Vasiliy A. Anikin & Yulia P. Lezhnina & Svetlana V. Mareeva & Ekaterina D. Slobodenyuk & Nataliya N. Tikhonovà, 2016. "Income Stratification: Key Approaches and Their Application to Russia," HSE Working papers WP BRP 02/PSP/2016, National Research University Higher School of Economics.
    2. Ekaterina D. Slobodenyuk & Svetlana V. Mareeva, 2020. "Relative Poverty in Russia: Evidence from Different Thresholds," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 151(1), pages 135-153, August.

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