Income and Wealth Inequality
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.
Featured Examples
Income And Wealth - CPI Research
Title | Author | Media | |
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The Protestant Establishment: Aristocracy and Caste in America | E. Digby Baltzell |
The Protestant Establishment: Aristocracy and Caste in AmericaAuthor: E. Digby BaltzellPublisher: Yale University Press Date: |
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Three Centuries of Inequality in Britain and America | Lindert, Peter. |
Three Centuries of Inequality in Britain and AmericaAuthor: Lindert, Peter.Publisher: Handbook of Income Distribution Date: |
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Berle and Means Revisited: The Governance and Power of Large U.S. Corporations | Mark S. Mizruchi |
Berle and Means Revisited: The Governance and Power of Large U.S. CorporationsAuthor: Mark S. MizruchiPublisher: Date: |
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Class and Status: The Conceptual Distinction and its Empirical Relevance | Wing Chan Tak John H. Goldthorpe |
Class and Status: The Conceptual Distinction and its Empirical RelevanceAuthor: Wing Chan Tak John H. GoldthorpePublisher: American Sociological Review Date: |
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Preparing for Power: America’s Elite Boarding Schools | Cookson, Jr., Peter W. and Caroline Hodges Persell |
Preparing for Power: America’s Elite Boarding SchoolsAuthor: Cookson, Jr., Peter W. and Caroline Hodges PersellPublisher: Basic Books Date: |
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income and wealth - CPI Affiliates
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Hannah Brueckner |
Vice Provost for Faculty Diversity; Professor and Program Head, Social Research and Public Policy |
New York University at Abu Dhabi |
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Daron Acemoglu |
Elizabeth and James Killian Professor of Economics |
Massachusetts Institute of Technology |
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Tim Biblarz |
Associate Professor of Sociology and Gender Studies |
University of Southern California |
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Michael Olneck |
Professor Emeritus of Educational Policy Studies and Sociology |
University of Wisconsin-Madison |
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Harold R. Kerbo |
Professor of Sociology |
California Polytechnic State University |
Pages
Income And Wealth - Other Research
Title | Author | Media | |
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Neighbors as Negatives: Relative Earnings and Well-Being | Erzo F. P. Luttmer |
Neighbors as Negatives: Relative Earnings and Well-BeingAuthor: Erzo F. P. LuttmerPublisher: Date: |
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Social Mobility in Industrial Society | Seymour Martin Lipset and Reinhard Bendix |
Social Mobility in Industrial SocietyAuthor: Seymour Martin Lipset and Reinhard BendixPublisher: Transaction Publishers Date: |
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Wage and Productivity Dispersion in United States Manufacturing: The Role of Computer Investment | Timothy Dunne, Lucia Foster, John Haltiwanger,... |
Wage and Productivity Dispersion in United States Manufacturing: The Role of Computer InvestmentAuthor: Timothy Dunne, Lucia Foster, John Haltiwanger,...Publisher: Journal of Labor Economics Date: |
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The Theory of the Leisure Class | Thorstein Veblen | ||
The Credential Society: An Historical Sociology of Education and Stratification | Randall Collins |
The Credential Society: An Historical Sociology of Education and StratificationAuthor: Randall CollinsPublisher: Academic Press Date: |
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Income And Wealth - Multimedia
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