NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

A New Framework for the Analysis of Inequality

Flavio Cunha, James J. Heckman

NBER Working Paper No. 12505
Issued in September 2006
NBER Program(s):   DAE   IFM   LS   CH

This paper presents a new framework for analyzing inequality that moves beyond the anonymity postulate. We estimate the determinants of sectoral choice and the joint distributions of outcomes across sectors. We determine which components of realized earnings variability are due to uncertainty and which components are due to components of human diversity that are forcastable by agents. Using our tools, we can determine how policies shift persons across sectors and outcome distributions across sectors.

download in pdf format
   (1378 K)

email paper

This paper is available as PDF (1378 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w12505

Published: Cunha, Flavio & Heckman, James, 2008. "A New Framework For The Analysis Of Inequality," Macroeconomic Dynamics, Cambridge University Press, vol. 12(S2), pages 315-354, September. citation courtesy of

Users who downloaded this paper also downloaded these:
Cunha and Heckman w16201 Investing in Our Young People
Cunha and Heckman w14695 The Economics and Psychology of Inequality and Human Development
Cunha, Heckman, and Schennach w15664 Estimating the Technology of Cognitive and Noncognitive Skill Formation
Cunha and Heckman w13526 The Evolution of Inequality, Heterogeneity and Uncertainty in Labor Earnings in the U.S. Economy
Cunha, Heckman, Lochner, and Masterov w11331 Interpreting the Evidence on Life Cycle Skill Formation
 
Publications
Activities
Meetings
NBER Videos
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us