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
Real Inequality in Western Europe since 1500 Philip T. Hoffman, David Jacks, Patricia Levin,...

Real Inequality in Western Europe since 1500

Author: Philip T. Hoffman, David Jacks, Patricia Levin,...
Publisher: Journal of Economic History
Date:
Earnings Losses of Displaced Workers Jacobson, Louis S., Robert J. Lalonde and Daniel...

Earnings Losses of Displaced Workers

Author: Jacobson, Louis S., Robert J. Lalonde and Daniel...
Publisher: American Economic Review
Date:
When Affirmative Action Was White Ira Katznelson

When Affirmative Action Was White

Author: Ira Katznelson
Publisher: W.W. Norton & Company
Date:
The Evolution of Retirement: An American Economic History, 1880-1990 Dora L. Costa

The Evolution of Retirement: An American Economic History, 1880-1990

Author: Dora L. Costa
Publisher: University of Chicago Press
Date:
Classes in Capitalism and Pre-Capitalism Karl Marx

Classes in Capitalism and Pre-Capitalism

Author: Karl Marx
Publisher: Westview Press, Inc
Date:

Income And Wealth - CPI Affiliates

Zephyr Frank Professor of Latin American History Stanford University

Pages

Income And Wealth - Other Research

Title Author Media
The Class Structure of the Advanced Societies Anthony Giddens

The Class Structure of the Advanced Societies

Author: Anthony Giddens
Publisher: Hutchinson & Co.
Date:
Changes in Labor Force Participation in the United States Juhn Chinhui and Simon Potter

Changes in Labor Force Participation in the United States

Author: Juhn Chinhui and Simon Potter
Publisher: Journal of Economic Perspectives
Date:
Life Course Risks, Mobility Regimes, and Mobility Consequences: A Comparison of Sweden, Germany, and the U.S. Thomas A. DiPrete

Life Course Risks, Mobility Regimes, and Mobility Consequences: A Comparison of Sweden, Germany, and the U.S.

Author: Thomas A. DiPrete
Publisher: American Journal of Sociology
Date:
Classes in Contemporary Capitalism Nicos Poulantzas

Classes in Contemporary Capitalism

Author: Nicos Poulantzas
Publisher: Schocken Books
Date:
The Deindustrialization of America Bluestone, Barry, and Bennett Harrison

The Deindustrialization of America

Author: Bluestone, Barry, and Bennett Harrison
Publisher: New York: Basic Books.
Date:

Income And Wealth - Multimedia

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