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
The Power Elite C. Wright Mills

The Power Elite

Author: C. Wright Mills
Publisher:
Date:
The Early Modern Great Divergence: Wages, Prices and Economic Development Broadbery, Stephen and Bishupriya Gupta

The Early Modern Great Divergence: Wages, Prices and Economic Development

Author: Broadbery, Stephen and Bishupriya Gupta
Publisher: Economic History Review
Date:
Making Capitalism Without Capitalists Gil Eyal, Iván Szelényi, Eleanor R. Townsley

Making Capitalism Without Capitalists

Author: Gil Eyal, Iván Szelényi, Eleanor R. Townsley
Publisher:
Date:
Why Has CEO Pay Increased So Much? Gabaix Xavier and Augustin Landier

Why Has CEO Pay Increased So Much?

Author: Gabaix Xavier and Augustin Landier
Publisher:
Date:
What’s the Matter with What’s the Matter with Kansas? Larry M. Bartels

What’s the Matter with What’s the Matter with Kansas?

Author: Larry M. Bartels
Publisher: Journal of Political Science
Date:

Income And Wealth - CPI Affiliates

Zephyr Frank Professor of Latin American History Stanford University

Pages

Income And Wealth - Other Research

Title Author Media
Careers, Labor Market Structure, and Socioeconomic Achievement Spilerman, Seymour.

Careers, Labor Market Structure, and Socioeconomic Achievement

Author: Spilerman, Seymour.
Publisher: American Journal of Sociology
Date:
Disorder in the Life Course: How Common and Does it Matter? Rindfuss, Ronald, C. Gray Swicegood, and Rachel A...

Disorder in the Life Course: How Common and Does it Matter?

Author: Rindfuss, Ronald, C. Gray Swicegood, and Rachel A...
Publisher: American Sociological Review
Date:
The Making of the New English Working Class E.P. Thompson

The Making of the New English Working Class

Author: E.P. Thompson
Publisher: Vintage Books
Date:
Securing Prosperity Paul Osterman

Securing Prosperity

Author: Paul Osterman
Publisher: Princeton University Press
Date:
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:

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