Inequality: Earnings vs. Human Wealth / Lee A. Lillard.

Format:

Book

Author/Creator:

Lillard, Lee A.

Contributor:

National Bureau of Economic Research.

Series:

Working Paper Series (National Bureau of Economic Research) no. w0080.

NBER working paper series no. w0080

Language:

English

Subjects (All):

Wealth--Psychological aspects.

Wealth.

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Inequality

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1975.

Cambridge, Massachusetts : National Bureau of Economic Research, 1975.

Summary:

The objective of this paper is to draw some inferences concerning the relative magnitudes of inequality in annual earnings, the traditional measure, and in human wealth, the measure suggested by recent literature. A second objective is to assess the relative importance of schooling, measured ability and to a limited extent family background in earnings and human wealth inequality as well as the overall contribution of these variables combined. A unique feature of this study is the estimation of earnings and human wealth and their distribution for a group of men for which several age-earnings data points are available over almost an entire lifetime (ages eighteen to fifty-four).

Notes:

Print version record

April 1975.