The wealth dynamics of American families, 1984-94
Article Abstract:
A primary framework of distribution of wealth and income among American families from the periods of 1984 to 1989 and 1989 to 1994 is presented. Wealth distribution increased along with median wealth as evidenced by the increased number of families owning corporate shares between 1989 and 1994. A $1.8 tril increase in net worth was posted for the same time frame. Moreover, a 20% of these families did not hold any bank accounts, more particularly among African American families. African American families only have a small share in the total number of families in the upper bracket of society.
Publication Name: Brookings Papers on Economic Activity
Subject: Economics
ISSN: 0007-2303
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Data watch: the Panel Study of Income Dynamics
Article Abstract:
The Panel Study of Income Dynamics (PSID) comprises a national probability data source inclusive of all levels of incomes among US populations. Initiated in 1968 as a short-term study, the annual sampling has continued as of 1996 with lavish funding from official and non-official sources. The data base is annually updated and carefully documented to be more representative of the vast economic and demographic realities in the US. PSID's worth as a research base for comprehending economic behaviors has been invaluable.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Wage levels and method of pay
Article Abstract:
A study was done to analyze wage levels and method of pay. Method of pay separates workers into a group receiving time rate pay and a group receiving piece rate pay. Time rate earners are further classified into a group whose wages depend on supervisory ratings and a group which does not. The study employed wage data from more than 3,000 manufacturing establishments. Theory predicts that piece-rate workers earn more while time rate workers under supervisory ratings receive more than their counterparts.
Publication Name: RAND Journal of Economics
Subject: Economics
ISSN: 0741-6261
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Export channel dynamics: an empirical investigation. Wage versus efficient bargaining in oligopoly
- Abstracts: The great East Asian capital flow reversal: reasons, responses and ramifications. Inflation distortion of the external accounts: the Australian example
- Abstracts: The impact of minimum wage on the wages of the low-paid: evidence from the Wage Boards and Councils
- Abstracts: Exchange rate versus price level targets and output stability. A critical evaluation of rate of return analysis
- Abstracts: Prepacks: an empirical study of prepackaged bankruptcies. CEO incentive plans and corporate liquidation policy