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
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:
Corporate Ownership and Control: The Large Corporation and the Capitalist Class Maurice Zeitlin

Corporate Ownership and Control: The Large Corporation and the Capitalist Class

Author: Maurice Zeitlin
Publisher: American Journal of Sociology
Date:
The Condition of the Working-Class in England, 1209-2003 Clark Gregory

The Condition of the Working-Class in England, 1209-2003

Author: Clark Gregory
Publisher: Journal of Political Economy
Date:
The Death of Class Jan Pakulski and Malcolm Waters

The Death of Class

Author: Jan Pakulski and Malcolm Waters
Publisher: Sage Publications, Ltd.
Date:
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:

income and wealth - CPI Affiliates

Daniel S. Hamermesh's picture Daniel S. Hamermesh Professor of Economics, Royal Holloway University of London; Sue Killam Professor Emeritus in the Foundation of Economics at the University of Texas at Austin; Research Associate, National Bureau of Economic Research
Royal Halloway University of London

Pages

Income And Wealth - Other Research

Title Author Media
Wage Inequality in the United States during the 1980s: Rising Dispersion or Falling Minimum Wage? David S. Lee

Wage Inequality in the United States during the 1980s: Rising Dispersion or Falling Minimum Wage?

Author: David S. Lee
Publisher: Quarterly Journal of Economics
Date:
Punishment and Inequality in America Bruce Western

Punishment and Inequality in America

Author: Bruce Western
Publisher: Russell Sage Foundation
Date:
The Dual Labor Market: Theory and Implications Michael J. Piore

The Dual Labor Market: Theory and Implications

Author: Michael J. Piore
Publisher: Winthrop Publishers
Date:
Internal Labor Markets and Earnings Trajectories in the Post-Fordist Economy: An Analysis of Recent Trends Thomas DiPrete, Eric Maurin and Dominique Goux

Internal Labor Markets and Earnings Trajectories in the Post-Fordist Economy: An Analysis of Recent Trends

Author: Thomas DiPrete, Eric Maurin and Dominique Goux
Publisher: Social Science Research
Date:
Rise of 401(k) plans, lifetime earnings, and wealth at retirement James Poterba, Joshua Rauh, Steven Venti, and...

Rise of 401(k) plans, lifetime earnings, and wealth at retirement

Author: James Poterba, Joshua Rauh, Steven Venti, and...
Publisher: National Bureau of Economic Research
Date:

Income And Wealth - Multimedia

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