TY - JOUR AU - Blinder,Alan S. TI - The Level and Distribution of Economic Well-Being JF - National Bureau of Economic Research Working Paper Series VL - No. 488 PY - 1981 Y2 - March 1981 UR - http://www.nber.org/papers/w0488 L1 - http://www.nber.org/papers/w0488.pdf N1 - Author contact info: Alan S. Blinder Department of Economics Princeton University Princeton, NJ 08544-1021 Tel: 609/258-3358 Fax: 609/258-5398 E-Mail: blinder@princeton.edu M1 - published as Alan S. Blinder, Irving Kristol, Wilbur J. Cohen. "The Level and Distribution of Economic Well-Being," in Martin Feldstein, ed., "The American Economy in Transition" University of Chicago Press (1980) AB - This paper summarizes and critically evaluates what is known about postwar trends in both the level and distribution of economic well-being. Although certain non-income aspects of well-being are considered, the primary focus is on the level and inequality of income. Considerable attention is paid to recent controversies over the effects of transfers in kind and changing life-cycle income patterns on the overall trend in income inequality. ER -