DEMOGRAPHIC VARIABLES AND INCOME INEQUALITY
Contents
1. Introduction 1016
2. Age structure and income inequality 1017
2.1. Decomposing the effects of age structure 1017
2.2. Evidence on the effects of age structure on inequality 1022
2.3. Direct effects of age structure on wages and inequality 1023
3. Marital sorting and inequality among married couples 1024
3.1. Empirical evidence from the US 1027
3.2. Empirical evidence from other countries 1029
3.3. The role of assortative mating 1030
4. Household composition and income distribution 1031
5. Differential fertility, intergenerational mobility, and inequality 1035
5.1. The mathematics of population growth and inequality 1036
5.2. Differential fertility and intergenerational mobility 1038
5.3. Welfare implications of endogenous fertility 1043
6. Effects of population growth on wages and inequality 1044
6.1. Relative wages, factor shares, and income distribution 1044
6.2. Empirical evidence on the effects of population growth on inequality 1046
7. Demographic change and trends in inequality in the US 1050
8. Summary and conclusions 1052
References 1054