Matches in SemOpenAlex for { <https://semopenalex.org/work/W3121894958> ?p ?o ?g. }
Showing items 1 to 75 of
75
with 100 items per page.
- W3121894958 abstract "The evolution of Gini coefficient for personal incomes in the USA between 1947 and 2005 is analyzed and modeled. There are several versions of personal income distribution (PID) provided by the US Census Bureau (US CB) for this period with various levels of resolution. Effectively, these PIDs result in different Gini coefficients due to the differences between discrete and continuous representations. When all persons of 15 years of age and over are included in the PIDs, Gini coefficient drops from 0.64 in 1947 to 0.54 in 1990. This effect is observed due to a significant decrease in the portion of people without income. For the PIDs not including persons without income, Gini coefficient is varying around 0.51 between 1960 and 2005 with standard deviation of 0.004, i.e. is in fact constant. This Gini coefficient is practically independent on the portion of population included in the PIDs according to any revision of income definitions. The driving force of the model describing the evolution of individual incomes (microeconomic level) and their aggregate value (macroeconomic level) is the change in nominal GDP per capita. The model accurately predicts the evolution of Gini coefficient for the PIDs for people with income. The model gives practically unchanged (normalized) PIDs and Gini coefficient between 1947 and 2005. The empirical Gini curves converge to the predicted one when the number of people without income decreases. Asymptotically, the empirical curves should collapse to the theoretical one when all the working age population obtains an appropriate definition of income. Therefore the model Gini coefficient potentially better describes true behavior of inequality in the USA because the definitions of income used by the US Census Bureau apparently fail to describe true income distribution." @default.
- W3121894958 created "2021-02-01" @default.
- W3121894958 creator A5037770659 @default.
- W3121894958 date "2007-04-11" @default.
- W3121894958 modified "2023-09-27" @default.
- W3121894958 title "Modeling the evolution of Gini coefficient for personal incomes in the USA between 1947 and 2005" @default.
- W3121894958 hasPublicationYear "2007" @default.
- W3121894958 type Work @default.
- W3121894958 sameAs 3121894958 @default.
- W3121894958 citedByCount "0" @default.
- W3121894958 crossrefType "posted-content" @default.
- W3121894958 hasAuthorship W3121894958A5037770659 @default.
- W3121894958 hasConcept C105795698 @default.
- W3121894958 hasConcept C110121322 @default.
- W3121894958 hasConcept C127598652 @default.
- W3121894958 hasConcept C134306372 @default.
- W3121894958 hasConcept C144024400 @default.
- W3121894958 hasConcept C149782125 @default.
- W3121894958 hasConcept C149923435 @default.
- W3121894958 hasConcept C160443848 @default.
- W3121894958 hasConcept C162324750 @default.
- W3121894958 hasConcept C2778566306 @default.
- W3121894958 hasConcept C2779206190 @default.
- W3121894958 hasConcept C2908647359 @default.
- W3121894958 hasConcept C33923547 @default.
- W3121894958 hasConcept C4249254 @default.
- W3121894958 hasConcept C45555294 @default.
- W3121894958 hasConcept C50522688 @default.
- W3121894958 hasConcept C513380476 @default.
- W3121894958 hasConcept C519300510 @default.
- W3121894958 hasConceptScore W3121894958C105795698 @default.
- W3121894958 hasConceptScore W3121894958C110121322 @default.
- W3121894958 hasConceptScore W3121894958C127598652 @default.
- W3121894958 hasConceptScore W3121894958C134306372 @default.
- W3121894958 hasConceptScore W3121894958C144024400 @default.
- W3121894958 hasConceptScore W3121894958C149782125 @default.
- W3121894958 hasConceptScore W3121894958C149923435 @default.
- W3121894958 hasConceptScore W3121894958C160443848 @default.
- W3121894958 hasConceptScore W3121894958C162324750 @default.
- W3121894958 hasConceptScore W3121894958C2778566306 @default.
- W3121894958 hasConceptScore W3121894958C2779206190 @default.
- W3121894958 hasConceptScore W3121894958C2908647359 @default.
- W3121894958 hasConceptScore W3121894958C33923547 @default.
- W3121894958 hasConceptScore W3121894958C4249254 @default.
- W3121894958 hasConceptScore W3121894958C45555294 @default.
- W3121894958 hasConceptScore W3121894958C50522688 @default.
- W3121894958 hasConceptScore W3121894958C513380476 @default.
- W3121894958 hasConceptScore W3121894958C519300510 @default.
- W3121894958 hasLocation W31218949581 @default.
- W3121894958 hasOpenAccess W3121894958 @default.
- W3121894958 hasPrimaryLocation W31218949581 @default.
- W3121894958 hasRelatedWork W1486492466 @default.
- W3121894958 hasRelatedWork W1511213990 @default.
- W3121894958 hasRelatedWork W1517743565 @default.
- W3121894958 hasRelatedWork W1559574966 @default.
- W3121894958 hasRelatedWork W170912551 @default.
- W3121894958 hasRelatedWork W2090598117 @default.
- W3121894958 hasRelatedWork W2124984142 @default.
- W3121894958 hasRelatedWork W2206834244 @default.
- W3121894958 hasRelatedWork W2234287388 @default.
- W3121894958 hasRelatedWork W2280910368 @default.
- W3121894958 hasRelatedWork W2349681728 @default.
- W3121894958 hasRelatedWork W2353606955 @default.
- W3121894958 hasRelatedWork W2356711468 @default.
- W3121894958 hasRelatedWork W2361885557 @default.
- W3121894958 hasRelatedWork W2372486856 @default.
- W3121894958 hasRelatedWork W2387319220 @default.
- W3121894958 hasRelatedWork W2888810057 @default.
- W3121894958 hasRelatedWork W2952175894 @default.
- W3121894958 hasRelatedWork W2972850664 @default.
- W3121894958 hasRelatedWork W3123278532 @default.
- W3121894958 isParatext "false" @default.
- W3121894958 isRetracted "false" @default.
- W3121894958 magId "3121894958" @default.
- W3121894958 workType "article" @default.