Publications

175 publications found, searching for 'The Distribution of Income and Wealth '

• Working Paper No. 1104
  January 20, 2026

  Levy Institute Measure of Time and Income Poverty: United States, 2007–2022

  Fernando Rios-Avila, Ajit Zacharias, Thomas Masterson, and Aashima Sinha
  Abstract

  In this paper, we present the empirical methodology used to estimate the Levy Institute Measure of Time and Income Poverty (LIMTIP) for the United States over the period 2007–2022. We…more

  Download Working Paper No. 1104 PDF (1.07 MB)
• Working Paper No. 1092
  September 19, 2025

  Recent Initiatives in Improving the Collection of Time-use Data for Measuring Work: Some Issues

  Indira Hirway
  Abstract

  Time-use data are expected to help in understanding and addressing critical socioeconomic concerns including gender inequalities in a country. The data also help in integrating gender into economic analysis and…more

  Download Working Paper No. 1092 PDF (341.28 KB)
• Working Paper No. 1079
  April 04, 2025

  Job Allocation in the Levy Institute Microsimulation Model

  Brandon Istenes
  Abstract

  The Levy Institute Microsimulation Model (LIMM) is a tool used for policy simulations to estimate ex-ante the employment and income effects of sectoral investments. In Istenes (2023), a simple implementation…more

  Download Working Paper No. 1079 PDF (736.48 KB)
• Research Project Report
  March 19, 2024

  Integrating Nonmarket Consumption into the Bureau of Labor Statistics Consumer Expenditure Survey

  Ajit Zacharias, Fernando Rios-Avila, Nancy Folbre, and Thomas Masterson
  Abstract

  In spring 2021, under the direction and encouragement of Commissioner William Beach, the US Bureau of Labor Statistics (BLS) kicked off a major initiative—to produce a measure of consumption to…more

• Working Paper No. 1037
  January 10, 2024

  Markups, Profit Shares, and Cost-Push-Profit-Led Inflation

  Michalis Nikiforos and Simon Grothe
  Abstract

  The post-pandemic surge in inflation was accompanied by a surge in the corporate share of profits. As a result, several economists and policy makers have given to it names such…more

  Download Working Paper No. 1037 PDF (408.42 KB)
• Working Paper No. 1028
  August 21, 2023

  Contractionary Effects of Foreign Price Shocks (and Potentially Expansionary Effects of Inflation)

  Michalis Nikiforos and Simon Grothe
  Abstract

  Using the model proposed in Krugman and Taylor’s “Contractionary effects of devaluation” (1978), we examine the macroeconomic effects of shocks to foreign prices. We show that these shocks can be…more

  Download Working Paper No. 1028 PDF (1.06 MB)
• Working Paper No. 1026
  August 01, 2023

  Banking Sector, Distributive Conflict, and Monetary Theory of Distribution

  Riccardo Zolea
  Abstract

  This paper analyzes the implications of distributional contrast for the monetary theory of distribution. The first step is to try to introduce the banking sector within Pivetti's monetary distribution theory…more

  Download Working Paper No. 1026 PDF (654.74 KB)
• Research Project Report
  June 30, 2022

  Assessing the Impact of Childcare Expansion in Mexico

  Rania Antonopoulos, Ajit Zacharias, Thomas Masterson, Fernando Rios-Avila, and Luiza Nassif Pires
  Abstract

  There is broad consensus in both research and policy circles that one of the key reasons for a lack of progress in reducing gender gaps in employment and wages is…more

  Download Research Project Report, June 2022 PDF (1.25 MB)
• Policy Note No. 2021/2
  May 13, 2021

  Gender and Race in the Spotlight during the COVID-19 Pandemic

  Luiza Nassif Pires, Luísa Cardoso, and Ana Luíza Matos de Oliveira
  Abstract

  Research Scholar Luiza Nassif-Pires, Luísa Cardoso, and Ana Luíza Matos de Oliveira analyze the importance of the “emergency benefit” (Auxílio Emergencial) in containing the increase in poverty and extreme poverty…more

  Download Policy Note 2021/2 PDF (406.94 KB)
• Working Paper No. 983
  February 05, 2021

  Intrahousehold Allocation of Household Production

  Fernando Rios-Avila, Luiza Nassif Pires, and Abena D. Oduro
  Abstract

  In this working paper, we analyze factors that may explain gender differences in the allocation of time to household production in sub-Saharan Africa. The study uses time use survey data…more

  Download Working Paper No. 983 PDF (1.03 MB)
• Working Paper No. 967
  September 07, 2020

  Quality of Statistical Match Used in the Estimation of the Levy Institute Measure of Time and Income Poverty (LIMTIP) for Italy 2008 and 2014 and Preliminary Results

  Erica Aloè
  Abstract

  This paper assesses the quality of the statistical matching used in the LIMTIP estimates for Italy for 2008 and 2014. The match combines the 2008–9 and 2013–14 Italian Time Use…more

  Download Working Paper No. 967 PDF (865.13 KB)
• Public Policy Brief No. 153
  September 04, 2020

  Multidimensional Inequality and COVID-19 in Brazil

  Laura Carvalho, Luiza Nassif Pires, and Eduardo Rawet
  Abstract

  After spending over 6 percent of GDP responding to the COVID-19 crisis, Brazil has suffered among the worst per capita numbers in the world in terms of cases and deaths….more

  Download Public Policy Brief No. 153, 2020 PDF (970.64 KB)
• Working Paper No. 954
  April 30, 2020

  Household Consumption, Household Indebtedness, and Inequality in Turkey

  Abstract

  This paper examines whether relative income and income inequality within reference groups affect household consumption. Using the explanations of consumption behavior based on Dusenberry’s relative income hypothesis, we test if…more

  Download Working Paper No. 954 PDF (709.61 KB)
• Public Policy Brief No. 149
  April 14, 2020

  Pandemic of Inequality

  Thomas Masterson, Michalis Nikiforos, Fernando Rios-Avila, Luiza Nassif Pires, and Laura de Lima Xavier
  Abstract

  The costs of the COVID-19 pandemic—in terms of both the health risks and economic burdens—will be borne disproportionately by the most vulnerable segments of US society. In this public policy…more

  Download Public Policy Brief No. 149, 2020 PDF (539.32 KB)
• Working Paper No. 930
  May 21, 2019

  A Semi-Parametric Approach to the Oaxaca-Blinder Decomposition with Continuous Group Variable and Self-Selection

  Fernando Rios-Avila
  Abstract

  This paper describes the application of a semiparametric approach, known as a varying coefficients model (Hastie and Tibshirani 1993), to implement a Oaxaca-Blinder type of decomposition in the presence of…more

  Download Working Paper No. 930 PDF (499.37 KB)
• Working Paper No. 928
  May 13, 2019

  Democratizing Money

  Jan Kregel
  Abstract

  In the Western interpretation of democracy, governments exist in order to manage relations of property, with absence of property ownership leading to exclusion from participation in governance and, in many…more

  Download Working Paper No. 928 PDF (400.83 KB)
• Working Paper No. 927
  April 26, 2019

  Recentered Influence Functions in Stata

  Fernando Rios-Avila
  Abstract

  Recentered influence functions (RIFs) are statistical tools popularized by Firpo, Fortin, and Lemieux (2009) for analyzing unconditional partial effects on quantiles in a regression analysis framework (unconditional quantile regressions). The…more

  Download Working Paper No. 927 PDF (392.75 KB)
• One-Pager No. 57
  September 10, 2018

  Stagnating Economic Well-Being Amid Rising Government Support

  Ajit Zacharias, Thomas Masterson, and Fernando Rios-Avila
  Abstract

  The Levy Institute Measure of Economic Well-Being (LIMEW) was designed to provide a more comprehensive understanding of the changes affecting household living standards. Ajit Zacharias, Thomas Masterson, and Fernando Rios-Avila…more

  Download One-Pager No. 57 PDF (119.14 KB)
• Public Policy Brief No. 146
  August 16, 2018

  Stagnating Economic Well-Being and Unrelenting Inequality

  Ajit Zacharias, Thomas Masterson, and Fernando Rios-Avila
  Abstract

  Ajit Zacharias, Thomas Masterson, and Fernando Rios-Avila update the Levy Institute Measure of Economic Well-Being (LIMEW) for US households for the period 2000–13. The LIMEW—which comprises base income, income from…more

  Download Public Policy Brief No. 146, 2018 PDF (1.07 MB)
• Policy Note No. 4
  May 31, 2018

  Wage Employment and the Prospects of Women’s Economic Empowerment

  Ajit Zacharias and Thomas Masterson
  Abstract

  In this policy note, Thomas Masterson and Ajit Zacharias address the nexus between wage employment, consumption poverty, and time deficits in the context of Ghana and Tanzania. Based on a…more

  Download Policy Note 2018/4 PDF (394.55 KB)
• Working Paper No. 901
  March 06, 2018

  Income Distribution, Household Debt, and Aggregate Demand

  J. W. Mason
  Abstract

  During the period leading up to the recession of 2007–08, there was a large increase in household debt relative to income, a large increase in measured consumption as a fraction…more

  Download Working Paper No. 901 PDF (703.23 KB)
• Policy Note No. 4
  November 09, 2017

  How Time Deficits and Hidden Poverty Undermine the Sustainable Development Goals

  Ajit Zacharias
  Abstract

  The predominant framework for measuring poverty rests on an implicit assumption that everyone has enough time available to devote to household production or enough resources to compensate for deficits in…more

  Download Policy Note 2017/4 PDF (282.68 KB)
• Working Paper No. 885
  February 27, 2017

  Quality of Statistical Match of Household Budget Survey and SILC for Turkey

  Thomas Masterson
  Abstract

  This paper presents the quality analysis of the statistical matching conducted for a research study on household consumption behavior, household indebtedness, and inequality for Turkey. The match has been done…more

  Download Working Paper No. 885 PDF (382.60 KB)
• Working Paper No. 880
  January 04, 2017

  The Great Recession and Racial Inequality

  Edward N. Wolff, Ajit Zacharias, Thomas Masterson, and Fernando Rios-Avila
  Abstract

  The Great Recession had a tremendous impact on low-income Americans, in particular black and Latino Americans. The losses in terms of employment and earnings are matched only by the losses…more

  Download Working Paper No. 880 PDF (488.43 KB)