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 Great Divergence in European Wages and Prices from the Middle Ages to the First World War Allen, Robert C.

The Great Divergence in European Wages and Prices from the Middle Ages to the First World War

Author: Allen, Robert C.
Publisher: Explorations in Economic History
Date:
Executive Compensation: Six Questions that Need Answering John M. Abowd and David S. Kaplan

Executive Compensation: Six Questions that Need Answering

Author: John M. Abowd and David S. Kaplan
Publisher:
Date:
Are All the Good Men Married? Uncovering the Sources of the Marital Wage Premium Kate Antonovics and Robert Town

Are All the Good Men Married? Uncovering the Sources of the Marital Wage Premium

Author: Kate Antonovics and Robert Town
Publisher: American Economic Review
Date:
The Achieving Society David C. McClelland

The Achieving Society

Author: David C. McClelland
Publisher: John Wiley & Sons, Inc
Date:
A Theory of Market Transition: From Redistribution to Markets in State Socialism Nee, Victor

A Theory of Market Transition: From Redistribution to Markets in State Socialism

Author: Nee, Victor
Publisher: American Sociological Review
Date:

income and wealth - CPI Affiliates

Leslie McCall's picture Leslie McCall Presidential Professor of Sociology and Political Science; Associate Director, Stone Center on Socio-Economic Inequality; LIS Senior Scholar
City University of New York
Donald J. Treiman's picture Donald J. Treiman Distinguished Professor of Sociology Emeritus; Research Professor, UCLA Faculty Associate, California Center for Population Research
University of California , Los Angeles
William T. Bielby Professor of Sociology
University of Illinois-Chicago
Lillian Rubin's picture Lillian Rubin Public Intellectual
Donald Tomaskovic-Devey's picture Donald Tomaskovic-Devey Professor of Sociology; Research Analyst, US Equal Employment Opportunity Commission, Office of Research, Information and Planning
University of Massachusetts, Amherst

Pages

Income And Wealth - Other Research

Title Author Media
Internal Labor Markets and Manpower Analysis Peter B. Doeringer and Michael J. Piore

Internal Labor Markets and Manpower Analysis

Author: Peter B. Doeringer and Michael J. Piore
Publisher: M E Sharpe, Inc
Date:
Changes in the Structure of Wages in the 1980’s: An Evaluation of Alternative Explanations John Bound and George Johnson

Changes in the Structure of Wages in the 1980’s: An Evaluation of Alternative Explanations

Author: John Bound and George Johnson
Publisher: American Economic Review
Date:
The Time Divide: Work, Family, and Gender Inequality Jerry A. Jacobs and Kathleen Gerson

The Time Divide: Work, Family, and Gender Inequality

Author: Jerry A. Jacobs and Kathleen Gerson
Publisher: Harvard University Press
Date:
The Capitalist World-Economy Wallerstein, Immanuel

The Capitalist World-Economy

Author: Wallerstein, Immanuel
Publisher: Cambridge University Press
Date:
Understanding the Gender Gap Claudia Goldin

Understanding the Gender Gap

Author: Claudia Goldin
Publisher: Oxford University Press
Date:

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