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ID100752
Title ProperIncome inequality, volatility, and mobility risk in China and the US
LanguageENG
AuthorNichols, Austin
Publication2010.
Summary / Abstract (Note)A unified index of income inequality, volatility, and mobility risk is presented, and measurements based on US and Chinese panel data calculated. China is found to have higher-income volatility than the US in recent data, so that long-run inequality is comparable in the two countries, and short-run inequality overstates long-run inequality more in China than in the US. In both countries volatility and income inequality are increasing over time.
`In' analytical NoteChina Economic Review Vol. Supp, No. 1; Sep 2010: ps3-s11
Journal SourceChina Economic Review Vol. Supp, No. 1; Sep 2010: ps3-s11
Key WordsInequality ;  Volatility ;  Mobility ;  Trends ;  Income ;  China ;  US