JSM 2012 Home

JSM 2012 Online Program

The views expressed here are those of the individual authors and not necessarily those of the JSM sponsors, their officers, or their staff.

Online Program Home

Abstract Details

Activity Number: 584
Type: Contributed
Date/Time: Wednesday, August 1, 2012 : 2:00 PM to 3:50 PM
Sponsor: Social Statistics Section
Abstract - #304556
Title: A Model of the Dynamics of the Distribution of U.S. Labor Incomes Reproduces the 1961--2010 Time-Series of a Variety of Labor Income Inequality Indicators
Author(s): John Angle*+
Companies: Inequality Process Institute
Address: Post Office Box 215, Lafayette Hill, PA, 19444, United States
Keywords: dynamics ; frequency distribution ; indicator ; inequality ; labor income ; time-series

A variety of scalar statistics have been used as indicators of inequality in U.S. labor income, even though many of these have grossly dissimilar time-series, 1961-2010. The failure of scalar labor income inequality statistics to covary over time confuses social scientists, journalists, policy analysts, policy makers, and the public about what is happening to U.S. labor incomes. Worse, this failure allows those with a policy agenda to choose among these indicators to support their case that labor income inequality is or is not increasing. This paper shows that a parsimonious model of the dynamics of U.S. labor income distribution, 1961-2010, implies the time-series of six scalar labor income inequality statistics, one in each of six major classes of income inequality statistic. Knowledge of a distribution's dynamics implies knowledge of the time-series of its scalar statistics. This paper's model provides clear, simple answers about what has happened to U.S. labor income distribution and, consequently, to U.S. labor income inequality defined six different ways.

The address information is for the authors that have a + after their name.
Authors who are presenting talks have a * after their name.

Back to the full JSM 2012 program

2012 JSM Online Program Home

For information, contact jsm@amstat.org or phone (888) 231-3473.

If you have questions about the Continuing Education program, please contact the Education Department.