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dc.contributor.authorFräßdorf, Annaen_US
dc.contributor.authorGrabka, Markus M.en_US
dc.contributor.authorSchwarze, Johannesen_US
dc.date.accessioned2012-11-13T14:28:58Z-
dc.date.available2012-11-13T14:28:58Z-
dc.date.issued2011-03-
dc.identifier.citationThe Journal of Economic Inequality 1569-1721 9 1 35-56en_US
dc.identifier.pidoi:10.1007/s10888-009-9125-4en_US
dc.identifier.urihttp://hdl.handle.net/10419/66150-
dc.description.abstractThis paper analyses the contribution of capital income to income inequality in a cross-national comparison. Using micro-data from the Cross-National Equivalent File (CNEF) for three prominent panel studies, namely the BHPS for the UK, the SOEP for West Germany, and the PSID for the USA, we use the factor decomposition method described by Shorrocks (Econometrica 50:193–211, 1982). The factor decomposition of disposable income into single income components shows that capital income is exceedingly volatile and that its share in disposable income has risen recent years. Moreover, capital income makes a disproportionately high contribution to overall inequality in relation to its share in disposable income. This applies to Germany and the USA in particular. Thus capital income accounts for a large part of disparity in all three countries.en_US
dc.description.otherThe final publication is available at www.springerlink.com: http://dx.doi.org/10.1007/s10888-009-9125-4-
dc.language.isoengen_US
dc.publisherSpringer Heidelberg-
dc.subject.ddc330-
dc.subject.keywordCapital incomeen_US
dc.subject.keywordCNEFen_US
dc.subject.keywordFactor decompositionen_US
dc.subject.keywordInequalityen_US
dc.subject.stwEinkommensverteilungen_US
dc.subject.stwPanelen_US
dc.subject.stwÖkonometrisches Modellen_US
dc.subject.stwVergleichen_US
dc.subject.stwDeutschlanden_US
dc.subject.stwUSAen_US
dc.subject.stwGroßbritannienen_US
dc.titleThe Impact of Household Capital Income on Income Inequality - A Factor Decomposition Analysis for the UK, Germany and the USAen_US
dc.typeArticleen_US
dc.identifier.ppn730076407-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:espost:66150-
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