1.

Record Nr.

UNINA9910162943903321

Autore

Ding Haiyan

Titolo

A Tale of Transition : : An Empirical Analysis of Economic Inequality in Urban China, 1986–2009 / / Haiyan Ding, Hui He

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2016

ISBN

1-4755-6007-9

1-4755-6931-9

Descrizione fisica

1 online resource (53 pages) : illustrations (some color), tables, graphs

Collana

IMF Working Papers

Altri autori (Persone)

HeHui

Disciplina

330.951

Soggetti

Macroeconomics

Personal Income, Wealth, and Their Distributions

Intertemporal Consumer Choice

Life Cycle Models and Saving

Macroeconomics: Consumption

Saving

Wealth

Aggregate Factor Income Distribution

Income inequality

Consumption

Income shocks

Income

Disposable income

National accounts

Income distribution

Economics

National income

China Economic conditions

China, People's Republic of

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references.



Sommario/riassunto

This paper is the first comprehensive empirical study of earnings, income, and consumption inequality in urban China from 1986 to 2009, using unique micro-level data from the Urban Household Survey (UHS). The paper documents a drastic increase in economic inequality for the sample period. The paper finds that consumption inequality closely tracks income inequality, both over time and over the life cycle. The paper believes that the main driver of this co-movement could be a dramatic increase in noninsurable idiosyncratic permanent income shocks after the early 1990s, associated with the economic transition in urban China.