Income and Wealth Inequality

  • Nicholas Bloom
  • Raj Chetty
  • Emmanuel Saez

Leaders: Nicholas Bloom, Raj Chetty, Emmanuel Saez

The CPI is home to some of the country’s most influential analyses of the income and wealth distribution. The purpose of the Income and Wealth RG is to monitor the ongoing takeoff in income inequality, to better understand its sources, and to analyze its implications for labor market performance, educational attainment, mobility, and more. The following is a sampling of the CPI’s research projects within this area.

Trends in income and wealth inequality: What are the key trends in U.S. income and wealth inequality? The U.S. increasingly looks to Emmanuel Saez and his research team for the latest data on U.S. economic inequality.

Distributional National Accounts: In an ambitious infrastructural project, Emmanuel Saez and his team are building a “Distributional National Accounts” based on tax returns, a data set that will eliminate the current gap between (a) national accounts data based on economic aggregates and (b) inequality analysis that uses micro-level tax data to examine the distribution of income but is not consistent with national aggregates. This new data set will in turn make it possible to evaluate the extent to which economic growth, which has long been represented as a preferred poverty-reduction approach, is indeed delivering on that objective.

The rise of between-firm inequality: How much of the rise in earnings inequality can be attributed to increasing between-firm dispersion in the average wages they pay? This question can be addressed by constructing a matched employer-employee data set for the United States using administrative records.

Rent and inequality: It is increasingly fashionable to argue that “rent” accounts for much of the takeoff in income inequality. The Current Population Survey can be used to assess whether this claim is on the mark. 

Income And Wealth - CPI Research

Title Author Media
Wealth Concentration in a Developing Economy: Paris and France, 1807–1994 Thomas Piketty, Gilles Postel-Vinay, and Jean-...

Wealth Concentration in a Developing Economy: Paris and France, 1807–1994

Author: Thomas Piketty, Gilles Postel-Vinay, and Jean-...
Publisher: American economic review
Date:
The Inner Circle Michael Ussem

The Inner Circle

Author: Michael Ussem
Publisher: Oxford University Press
Date:
Survival of the Richest Clark, Gregory and Gillian Hamilton

Survival of the Richest

Author: Clark, Gregory and Gillian Hamilton
Publisher: Journal of Economic History
Date:
Toward Gender Equality Paula England

Toward Gender Equality

Author: Paula England
Publisher: Russell Sage
Date:
The American Occupational Structure Blau Peter M. and Otis D. Duncan

The American Occupational Structure

Author: Blau Peter M. and Otis D. Duncan
Publisher:
Date:

income and wealth - CPI Affiliates

Gary Sandefur's picture Gary Sandefur Provost and Senior Vice President for Academic Affairs; Professor of Sociology
Oklahoma State University
Cristobal Young's picture Cristobal Young Assistant Professor of Sociology
Stanford University

Pages

Income And Wealth - Other Research

Title Author Media
Job Loss at Mid-life: Managers and Executives Face the “New Risk Economy Ruby Mendenhall, Ariel Kalil, Laurel J. Spindel,...

Job Loss at Mid-life: Managers and Executives Face the “New Risk Economy

Author: Ruby Mendenhall, Ariel Kalil, Laurel J. Spindel,...
Publisher: Social Forces
Date:
The Constant Flux: A Study of Class Mobility in Industrial Societies Erikson, Robert and John H. Goldthrope

The Constant Flux: A Study of Class Mobility in Industrial Societies

Author: Erikson, Robert and John H. Goldthrope
Publisher: Clarendon Press
Date:
The Second Industrial Divide: Possibilities for Prosperity Michael J. Piore and Charles F. Sabel

The Second Industrial Divide: Possibilities for Prosperity

Author: Michael J. Piore and Charles F. Sabel
Publisher: Basic Books, Inc.
Date:
The American Occupational Structure Peter M. Blau and Otis Dudley Duncan, with the...

The American Occupational Structure

Author: Peter M. Blau and Otis Dudley Duncan, with the...
Publisher: Free Press
Date:

The objective of this book is to present a systematic analysis of the American occupational structure, and, thus, of the major foundation of the stratification system in this society. Processes of social mobility from one generation to the next and from career beginnings to occupational destinations are considered to reflect the dynamics of the occupational structure. By analyzing the patterns of these occupational movements, the conditions that affect them, and some of their consequences, one attempts to explain part of the dynamics of the stratification system in the United States. The inquiry is based on a considerable amount of empirical data collected from a representative sample of over 20,000 American men between the ages of 20 and 64. The survey of "Occupational Changes in a Generation" was carried out as an adjunct to the monthly "Current Population Survey" of the Bureau of the Census. The analysis of the data collected in the survey constitutes the bulk of the material reported in the present book, although occasionally other sources are drawn on as well. As the comparative data from a variety of societies needed for refining the theory of stratification are not available in this study, it has been supplemented with data from mobility surveys of other countries.

Divergent paths: economic mobility in the new American labor market Martina Morris, Mark Stephen Handcock, Marc A....

Divergent paths: economic mobility in the new American labor market

Author: Martina Morris, Mark Stephen Handcock, Marc A....
Publisher: Russell Sage Foundation
Date:

Income And Wealth - Multimedia

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