The Level and Distribution of Economic Well-Being
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.
|Date of creation:||Jun 1980|
|Date of revision:|
|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.|
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