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An Overview of Income Trends and Growing Income Inequality

By U. S. Census Bureau Department

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Book Id: WPLBN0000584600
Format Type: PDF eBook
File Size: 4,087,371 KB.
Reproduction Date: 2005

Title: An Overview of Income Trends and Growing Income Inequality  
Author: U. S. Census Bureau Department
Volume:
Language: English
Subject: Government publications, Census., Census report
Collections: U.S. Census Bureau Collection
Historic
Publication Date:
Publisher: U.S. Census Bureau Department

Citation

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Bureau Department, U. C. (n.d.). An Overview of Income Trends and Growing Income Inequality. Retrieved from http://hawaiilibrary.net/


Description
Statistical Reference Document

Excerpt
Introduction: The following collection of papers contains analyses relating to the distribution of income. They were motivated by two long-run economic developments: the slowdown in the growth of family and household incomes in recent years and the growing inequality in the distribution of these incomes. From the end of World War II until the early 1970?s real incomes (incomes adjusted for changes in consumer prices) of most Americans rose rapidly. Moreover, the increases were spread fairly evenly across the income distribution, and income inequality changed very little. Between the early 1970?s and 1990?s, however, real income growth faltered; and the income gains that did occur were among those families and households at the. upper end of the income dlstribunon.t The result was a more dispersed and unequal distribution of income. These developments, of course, were the cause of concern among many groups in the Nation. In the media, for example, news accounts of a declining and struggling middle class began to appear in the 1980?s and they became more numerous when the economic slowdown of the early 1990?s began. Politicians debated the economic problems confronting the Nation, while researchers tried to uncover the causes of slow income growth and growing income inequality.

Table of Contents
Contents INTRODUCTION An Overview of Income Trends and Growing Income Inequality............................... 1 TABLES 1. Share of Aggregate Income Received by Each Fifth of Households: 1967 to 1990... 4 FIGURES 1. Real Median Family Income, Real Median Household Income, and Gini Indexes for Families and Households: 1947 to 1990 . 2 2. Real Mean Income of Each Fifth of Households: 1973 to 1990........................ 2 3. Lorenz Curve for U.S. Household Incomes: 1990 4 4. Gini Indexes, by Age of Householder: 1969, 1979, and 1989 . 6 5. Gini Indexes, by Race of Householder: 1969, 1979, and 1989 6 6. Gini Indexes, by Type of Household: 1969, 1979, and 1989 7 7. Gini Indexes, by Education of Householder: 1969, 1979, and 1989................... 7 8. Gini Indexes for Married-Couple Households, by Education of Householder, Age 25 to 54 ~....................... 8

 

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