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
Divergence Big Time Pritchett, Lant

Divergence Big Time

Author: Pritchett, Lant
Publisher: Journal of Economic Perspectives
Date:
Interlocking Directorates and Political Cohesion among Corporate Elites Val Burris

Interlocking Directorates and Political Cohesion among Corporate Elites

Author: Val Burris
Publisher:
Date:
Elites and Power Giddens Anthony

Elites and Power

Author: Giddens Anthony
Publisher:
Date:
The Evolution of Modern Stratification Systems John W. Meyer

The Evolution of Modern Stratification Systems

Author: John W. Meyer
Publisher: Westview Press
Date:
Social Democracy & Welfare Capitalism: A Century of Income Security Politics Alexander M. Hicks

Social Democracy & Welfare Capitalism: A Century of Income Security Politics

Author: Alexander M. Hicks
Publisher: Cornell University Press
Date:

income and wealth - CPI Affiliates

Jan Pakulski's picture Jan Pakulski Professor Emeritus of Sociology
University of Tasmania
Trond Petersen's picture Trond Petersen Professor; Associate Dean of the Division of Social Sciences
University of California, Berkeley

Pages

Income And Wealth - Other Research

Title Author Media
The Capitalist World-Economy Wallerstein, Immanuel

The Capitalist World-Economy

Author: Wallerstein, Immanuel
Publisher: Cambridge University Press
Date:
Rise of 401(k) plans, lifetime earnings, and wealth at retirement James Poterba, Joshua Rauh, Steven Venti, and...

Rise of 401(k) plans, lifetime earnings, and wealth at retirement

Author: James Poterba, Joshua Rauh, Steven Venti, and...
Publisher: National Bureau of Economic Research
Date:
The High-Pressure U.S. Labor Market of the 1990s Lawrence F. Katz and Alan B. Krueger

The High-Pressure U.S. Labor Market of the 1990s

Author: Lawrence F. Katz and Alan B. Krueger
Publisher: Princeton University
Date:
A Treatise on the Family Gary S. Becker

A Treatise on the Family

Author: Gary S. Becker
Publisher: Harvard University Press
Date:
Labor Market Institutions and the Distribution of Wages, 1973-1992: A Semiparametric Approach John DiNardo, Nicole M. Fortin and Thomas Lemieux

Labor Market Institutions and the Distribution of Wages, 1973-1992: A Semiparametric Approach

Author: John DiNardo, Nicole M. Fortin and Thomas Lemieux
Publisher: Econometrica
Date:

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