Capital Gains and Inequality of Personal Income: Some Results from Survey Data
作者:
KulB. Bhatia,
期刊:
Journal of the American Statistical Association
(Taylor Available online 1976)
卷期:
Volume 71,
issue 355
页码: 575-580
ISSN:0162-1459
年代: 1976
DOI:10.1080/01621459.1976.10481531
出版商: Taylor & Francis Group
数据来源: Taylor
摘要:
This paper deals with income distribution of capital gains and their effect on measures of income inequality for 1962. Aggregate accrued gains are allocated to various income classes by using microdata from the Survey of Financial Characteristics of Consumers. The results show that accrued gains are distributed more unevenly than money income. The Gini coefficient drops from 0.41 to 0.35 when accrued losses for 1962 are subtracted from income, but it increases to 0.43 when average gains for 1960–64 are added to income. Variance of natural logarithms, the other measure of inequality used, also shows a similar pattern.
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