Includes bibliographical references (pages 281-299) and index.
I. Introduction. 1. Introduction and Outline. 2. Measuring Inequality and Poverty -- II. Cross-sectional Comparisons. 3. Cross-sectional Comparisons. 4. A Model of Income Distribution. 5. Comparing Transfer Systems. 6. Poverty with Threshold Consumption. 7. Indirect Tax Reform. 8. The Distributional Effects of Inflation -- III. Income Dynamics. 9. Dynamics of Income Distribution. 10. Mobility and Inequality. 11. Income Dynamics over the Life Cycle. 12. Evaluating Income Tax Changes. 13. Income Taxation and the Time Period. 14. Mobility and Social Welfare. 15. Poverty Over Two Periods.