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
Three Centuries of Inequality in Britain and America Lindert, Peter.

Three Centuries of Inequality in Britain and America

Author: Lindert, Peter.
Publisher: Handbook of Income Distribution
Date:
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. Corporations

Author: Mark S. Mizruchi
Publisher:
Date:
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 Relevance

Author: Wing Chan Tak John H. Goldthorpe
Publisher: American Sociological Review
Date:
Preparing for Power: America’s Elite Boarding Schools Cookson, Jr., Peter W. and Caroline Hodges Persell

Preparing for Power: America’s Elite Boarding Schools

Author: Cookson, Jr., Peter W. and Caroline Hodges Persell
Publisher: Basic Books
Date:
Industrialism and Industrial Man: The Problems of Labor and Management in Economic Growth Clark Kerr

Industrialism and Industrial Man: The Problems of Labor and Management in Economic Growth

Author: Clark Kerr
Publisher: Penguin Books Ltd
Date:

Income And Wealth - Other Research

Title Author Media
Neighbors as Negatives: Relative Earnings and Well-Being Erzo F. P. Luttmer

Neighbors as Negatives: Relative Earnings and Well-Being

Author: Erzo F. P. Luttmer
Publisher:
Date:
The American Occupational Structure Peter M. Blau and Otis Dudley Duncan, with the...

The American Occupational Structure

Author: Peter M. Blau and Otis Dudley Duncan, with the...
Publisher: Free Press
Date:

The objective of this book is to present a systematic analysis of the American occupational structure, and, thus, of the major foundation of the stratification system in this society. Processes of social mobility from one generation to the next and from career beginnings to occupational destinations are considered to reflect the dynamics of the occupational structure. By analyzing the patterns of these occupational movements, the conditions that affect them, and some of their consequences, one attempts to explain part of the dynamics of the stratification system in the United States. The inquiry is based on a considerable amount of empirical data collected from a representative sample of over 20,000 American men between the ages of 20 and 64. The survey of "Occupational Changes in a Generation" was carried out as an adjunct to the monthly "Current Population Survey" of the Bureau of the Census. The analysis of the data collected in the survey constitutes the bulk of the material reported in the present book, although occasionally other sources are drawn on as well. As the comparative data from a variety of societies needed for refining the theory of stratification are not available in this study, it has been supplemented with data from mobility surveys of other countries.

Classification in Art DiMaggio, Paul

Classification in Art

Author: DiMaggio, Paul
Publisher: American Sociological Review
Date:
Securing Prosperity Paul Osterman

Securing Prosperity

Author: Paul Osterman
Publisher: Princeton University Press
Date:
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 Investment

Author: Timothy Dunne, Lucia Foster, John Haltiwanger,...
Publisher: Journal of Labor Economics
Date:

Income And Wealth - Multimedia

Sorry, but no media items exist for this research group.