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American Economic Association

The Measurement and Trend of Inequality: A Basic Revision Author(s): Morton Paglin Reviewed work(s): Source: The American Economic Review, Vol. 65, No. 4 (Sep., 1975), pp. 598-609 Published by: American Economic Association Stable URL: http://www.jstor.org/stable/1806537 . Accessed: 16/01/2013 14:17

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This content downloaded on Wed, 16 Jan 2013 14:17:12 PM All use subject to JSTOR Terms and Conditions

This content downloaded on Wed, 16 Jan 2013 14:17:12 PM All use subject to JSTOR Terms and Conditions

This content downloaded on Wed, 16 Jan 2013 14:17:12 PM All use subject to JSTOR Terms and Conditions

This content downloaded on Wed, 16 Jan 2013 14:17:12 PM All use subject to JSTOR Terms and Conditions

This content downloaded on Wed, 16 Jan 2013 14:17:12 PM All use subject to JSTOR Terms and Conditions

This content downloaded on Wed, 16 Jan 2013 14:17:12 PM All use subject to JSTOR Terms and Conditions

This content downloaded on Wed, 16 Jan 2013 14:17:12 PM All use subject to JSTOR Terms and Conditions

This content downloaded on Wed, 16 Jan 2013 14:17:12 PM All use subject to JSTOR Terms and Conditions

This content downloaded on Wed, 16 Jan 2013 14:17:12 PM All use subject to JSTOR Terms and Conditions

This content downloaded on Wed, 16 Jan 2013 14:17:12 PM All use subject to JSTOR Terms and Conditions

This content downloaded on Wed, 16 Jan 2013 14:17:12 PM All use subject to JSTOR Terms and Conditions

This content downloaded on Wed, 16 Jan 2013 14:17:12 PM All use subject to JSTOR Terms and Conditions

This content downloaded on Wed, 16 Jan 2013 14:17:12 PM All use subject to JSTOR Terms and Conditions

  • Article Contents
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  • Issue Table of Contents
    • The American Economic Review, Vol. 65, No. 4 (Sep., 1975), pp. 533-790
      • Front Matter
      • The 1975 Report of the President's Council of Economic Advisers: Food and Agriculture [pp. 533-538]
      • The 1975 Report of the President's Council of Economic Advisers: Long on Analysis, Short on Policy [pp. 539-547]
      • Interest and Credit in General Equilibrium with Transactions Costs [pp. 548-566]
      • Socially Optimal Product Differentiation [pp. 567-585]
      • Security Price Changes and Transaction Volumes: Theory and Evidence [pp. 586-597]
      • The Measurement and Trend of Inequality: A Basic Revision [pp. 598-609]
      • A Keynes-Friedman Money Demand Function [pp. 610-623]
      • Short-Run Asset Effects on Household Saving and Consumption: The Cross-Section Evidence [pp. 624-633]
      • Pure Traded Intermediate Products and The Heckscher-Ohlin Theorem [pp. 634-643]
      • Did the 1968 Surcharge Really Work? [pp. 644-659]
      • Linear Taxation of Wealth and Wages for Intragenerational Lifetime Justice: Some Steady-State Cases [pp. 660-673]
      • Portfolio Equilibrium and the Balance of Payments: A Monetary Approach [pp. 674-688]
      • Profit Maximization and Alternative Theories: A Dynamic Reconciliation [pp. 689-694]
      • The Limits to Growth in a Neoclassical World [pp. 695-699]
      • Capital Gains and the Aggregate Consumption Function: Comment [pp. 700-703]
      • Capital Gains and the Aggregate Consumption Function: Reply [pp. 704-707]
      • The Concept and Measure of Consumer's Surplus: Comment [pp. 708-709]
      • The Concept and Measure of Consumer's Surplus: Reply [pp. 710-711]
      • Public Investment Criteria for Underpriced Public Products [pp. 712-720]
      • Externalities, Liability, Separability, and Resource Allocation: Comment [pp. 721-723]
      • Externalities, Liability, Separability, and Resource Allocation: Comment [pp. 724-727]
      • Externalities, Liability, Separability, and Resource Allocation: Comment [pp. 728-729]
      • Externalities, Liability, Separability, and Resource Allocation: Reply [pp. 730-732]
      • Option Demand and Consumer's Surplus: Comment [pp. 733-736]
      • Option Demand and Consumer's Surplus: Reply [pp. 737-739]
      • The Optimum Lifetime Distribution of Consumption Expenditures: Comment [pp. 740-752]
      • The Optimum Lifetime Distribution of Consumption Expenditures: Reply [pp. 753-755]
      • A Model of a Highway System Financed by a Trust Fund [pp. 756-758]
      • Optimal Advertising: A Note [pp. 759-761]
      • On the Effects of Fiscal and Monetary Policy: Completing the Taxonomy [pp. 762-767]
      • Default Risk, Scale, and the Homemade Leverage Theorem: Note [pp. 768-773]
      • Notes [pp. 774-784]
      • Announcements [pp. 785-790]