The widening tails: despite data and analytical trouble spots, researchers agree that income inequality has been rising
Article Abstract:
Researchers using a variety of different measurements have concluded that the income inequality between the rich and the poor has increased, but they disagree about other issues including the reason and solution for the disparity. Tails of distribution, quintiles of household groups, and Gini ratios for annual family income are explained and charted, and the influences of skills, education, gender, and race are estimated. It is suggested that the gap may not widen further but is unlikely to improve without a focus on improving the accumulation of human capital in low-income groups.
Publication Name: Secondary Mortgage Markets
Subject: Economics
ISSN: 0740-4271
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
Owning a home in America
Article Abstract:
The slight dip in the US homeownership ratehas raised the question of effecting a change in the government's pro-housing policy. The rate, which hit a high of 65.6% in 1980, declined due to a combination of economic and demographic factors. These include the lower cost of renting in the early 1980s, an anticipated decrease in house-price appreciation and income distribution among the different age-groups and family-type groups. Should a policy change be worked out, its goal should be real income growth instead of raising homeownership.
Publication Name: Secondary Mortgage Markets
Subject: Economics
ISSN: 0740-4271
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
The preferred approach to capital
Article Abstract:
The Federal Home Loan Mortgage Corp', or 'Freddie Mac', offered preferred stocks on Mar 6, 1992 which are noncumulative and nonconvertible, with redemption on or after Jun 30, 1997. This move further strengthens Freddie Mac's capital base. Projected results of tests undertaken in stressful financial environments serve to illustrate the company's strategies and subject it to analysis. The selling of stocks is seen as a way to give Freddie Mac greater solvency.
Publication Name: Secondary Mortgage Markets
Subject: Economics
ISSN: 0740-4271
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: U.S. officials designate Irbid Industrial Estate as qualifying industrial zone. Jordan's Aqaba region to become a free zone
- Abstracts: The gender economy: theoretical approaches. Gender statistics in Russia. Working women in Russia at the end of the 1990s
- Abstracts: Theory of the firm and structure of residual rights. Do the economies of specialization justify the work ethics? An examination of Buchanan's hypothesis
- Abstracts: The bilateral treaty process and the prospects of federalism. Program for the development of fiscal federalism in the Russian Federation in the period up to 2005
- Abstracts: Credit constraints and international financial crises. Credit market frictions and the allocations of resources over the business cycle