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
Unequal Childhoods: Class, Race, and Family Life Annette Lareau

Unequal Childhoods: Class, Race, and Family Life

Author: Annette Lareau
Publisher: University of California Press
Date:
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:
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:
Elites and Power Giddens Anthony

Elites and Power

Author: Giddens Anthony
Publisher:
Date:

Income And Wealth - Other Research

Title Author Media
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 Great U-Turn: Corporate Restructuring and the Polarizing of America Bennett Harrison and Barry Bluestone

The Great U-Turn: Corporate Restructuring and the Polarizing of America

Author: Bennett Harrison and Barry Bluestone
Publisher: Basic Books, Inc.
Date:
The Capitalist World-Economy Wallerstein, Immanuel

The Capitalist World-Economy

Author: Wallerstein, Immanuel
Publisher: Cambridge University Press
Date:
The Theory of the Leisure Class Thorstein Veblen

The Theory of the Leisure Class

Author: Thorstein Veblen
Publisher: Modern Library
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:

Income And Wealth - Multimedia

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