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Movements in the U.S. Income Distribution, 1996-99.

Publication: Family Economics and Nutrition Review
Publication Date: 22-MAR-04 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Movements in the U.S. Income Distribution, 1996-99.(median household income)

Article Excerpt
As measured by the most recent income data available from the Current Population Survey (CPS), between 1996 and 2002, median household income increased 4.7 percent more than did inflation. That statistic compares a "snapshot" of households in 1996 with another "snapshot" in 2002. It is not a picture of what happened to the same households over that period. Medians, like those from the CPS, can conceal an enormous amount of movement in the income of individual households. This report uses the most recent longitudinal data available from the Survey of Income and Program Participation (SIPP) to examine movements in the incomes of the same households within the...

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