Secular Changes in the Distribution of Income
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Adolph J. Goldenthal's estimates are based on a similar concept of "disposable" income, but use the income recipient as the unit.
Although the measures differ in their year-to-year movements, they show broadly similar long-run changes: a rise in inequality in the twenties, a decline in the thirties, and a further decline to new lows in the forties. As we shall see in the next section still other data provide independent evidence of the shift that has come about.
II Turning now to enquire into t...he origin of the shift in the distribution of income by size, we shall concentrate on the period since 1929. Let us look first at the sources of income and what has happened to them.
'Horst Mendershausen observed that Lorenz curves for 1929 and 1933 cross in this man- ner (Changes in Income Distribution during the Great Depression, National Bureau of Economic Research, 1946, Ch. 2). The Lorenz curves constructed by the National In- dustrial Conference Board for 1929 and 1937 cross between the points for the upper 30th and upper 40th percentage bands {Enterprise and Social Progress, 1939, p.
What to read after Secular Changes in the Distribution of Income?
You can find similar books in the "Read Also" column, or choose other free books by Moore, Geoffrey Hoyt to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Adolph J. Goldenthal's estimates are based on a similar concept of "disposable" income, but use the income recipient as the unit.
Although the measures differ in their year-to-year movements, they show broadly similar long-run changes: a rise in inequality in the twenties, a decline in the thirties, and a further decline to new lows in the forties. As we shall see in the next section still other data provide independent evidence of the shift that has come about.
II Turning now to enquire into t...he origin of the shift in the distribution of income by size, we shall concentrate on the period since 1929. Let us look first at the sources of income and what has happened to them.
'Horst Mendershausen observed that Lorenz curves for 1929 and 1933 cross in this man- ner (Changes in Income Distribution during the Great Depression, National Bureau of Economic Research, 1946, Ch. 2). The Lorenz curves constructed by the National In- dustrial Conference Board for 1929 and 1937 cross between the points for the upper 30th and upper 40th percentage bands {Enterprise and Social Progress, 1939, p.
What to read after Secular Changes in the Distribution of Income?
You can find similar books in the "Read Also" column, or choose other free books by Moore, Geoffrey Hoyt to read onlineMoreLess
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