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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Real Inequality in Western Europe since 1500 | Philip T. Hoffman, David Jacks, Patricia Levin,... |
Real Inequality in Western Europe since 1500Author: Philip T. Hoffman, David Jacks, Patricia Levin,...Publisher: Journal of Economic History Date: |
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Earnings Losses of Displaced Workers | Jacobson, Louis S., Robert J. Lalonde and Daniel... |
Earnings Losses of Displaced WorkersAuthor: Jacobson, Louis S., Robert J. Lalonde and Daniel...Publisher: American Economic Review Date: |
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Egalitarian Societies | Woodburn, James. | ||
Luxury Fever: Why Money Fails to Satisfy in an Era of Excess | Robert H Frank |
Luxury Fever: Why Money Fails to Satisfy in an Era of ExcessAuthor: Robert H FrankPublisher: Simon and Schuster Date: |
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The Evolution of Retirement: An American Economic History, 1880-1990 | Dora L. Costa |
The Evolution of Retirement: An American Economic History, 1880-1990Author: Dora L. CostaPublisher: University of Chicago Press Date: |
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income and wealth - CPI Affiliates
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Jennie Brand |
Professor of Sociology and Statistics |
UCLA |
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Robert J. Flanagan |
Konosuke Matsushita Professor of International Labor Economics and Policy Analysis, Emeritus |
Stanford University |
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Mark G. Kelman |
James C. Gaither Professor of Law; Vice Dean; Jurist |
Stanford University |
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Patricia A. Roos |
Professor of Sociology |
Rutgers University-New Brunswick |
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Joanne Martin |
Fred H. Merrill Professor of Organizational Behavior (emerita); Professor of Sociology (by courtesy) |
Stanford University |
Pages
Income And Wealth - Other Research
Title | Author | Media | |
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The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence | Olivier J. Blanchard and Justin Wolfers |
The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate EvidenceAuthor: Olivier J. Blanchard and Justin WolfersPublisher: The Economic Journal Date: |
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Punishment and Inequality in America | Bruce Western |
Punishment and Inequality in AmericaAuthor: Bruce WesternPublisher: Russell Sage Foundation Date: |
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Manufacturing Consent: Changes in the Labor Process under Monopoly Capitalism | Michael Burawoy |
Manufacturing Consent: Changes in the Labor Process under Monopoly CapitalismAuthor: Michael BurawoyPublisher: University of Chicago Press Date: |
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The Winner-Take-All Society | Robert H. Frank and Philip J. Cook |
The Winner-Take-All SocietyAuthor: Robert H. Frank and Philip J. CookPublisher: Penguin Books Date: |
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Cohabitation and the Declining Marriage Premium for Men | Philip N. Cohen |
Cohabitation and the Declining Marriage Premium for MenAuthor: Philip N. CohenPublisher: Work and Occupations Date: |
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Income And Wealth - Multimedia
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