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 Evolution of Retirement: An American Economic History, 1880-1990 Dora L. Costa

The Evolution of Retirement: An American Economic History, 1880-1990

Author: Dora L. Costa
Publisher: University of Chicago Press
Date:
Approaches to Class Analysis

Approaches to Class Analysis

Author:
Publisher: Cambridge University Press
Date:
The Division of Labor in Society Durkheim, Emile

The Division of Labor in Society

Author: Durkheim, Emile
Publisher:
Date:
Evangelicals in the Power Elite: Elite Cohesion Adavancing a Movement Lindsay D. Michael

Evangelicals in the Power Elite: Elite Cohesion Adavancing a Movement

Author: Lindsay D. Michael
Publisher:
Date:
Class, Crisis, and the State‎ Wright, Olin E.

Class, Crisis, and the State‎

Author: Wright, Olin E.
Publisher:
Date:

income and wealth - CPI Affiliates

Jan O. Jonsson's picture Jan O. Jonsson Official Fellow of Nuffield College, Oxford University
Oxford University

Pages

Income And Wealth - Other Research

Title Author Media
Cross-National Comparisons of Earning and Income Inequality Gottschalk, Peter, and Timothy Smeeding

Cross-National Comparisons of Earning and Income Inequality

Author: Gottschalk, Peter, and Timothy Smeeding
Publisher: Journal of Economic Literature
Date:
Divergent paths: economic mobility in the new American labor market Martina Morris, Mark Stephen Handcock, Marc A....

Divergent paths: economic mobility in the new American labor market

Author: Martina Morris, Mark Stephen Handcock, Marc A....
Publisher: Russell Sage Foundation
Date:
Wage Inequality and the Rise in Returns to Skill Chinhui Juhn, Kevin M. Murphy and Brooks Pierce

Wage Inequality and the Rise in Returns to Skill

Author: Chinhui Juhn, Kevin M. Murphy and Brooks Pierce
Publisher: Journal of Political Economy
Date:
The High-Pressure U.S. Labor Market of the 1990s Lawrence F. Katz and Alan B. Krueger

The High-Pressure U.S. Labor Market of the 1990s

Author: Lawrence F. Katz and Alan B. Krueger
Publisher: Princeton University
Date:
Nickel and Dimed: On (Not) Getting by in America Barbara Ehrenreich

Nickel and Dimed: On (Not) Getting by in America

Author: Barbara Ehrenreich
Publisher: Metropolitan Books
Date:

Our sharpest and most original social critic goes "undercover" as an unskilled worker to reveal the dark side of American prosperity. Millions of Americans work full time, year round, for poverty-level wages. In 1998, Barbara Ehrenreich decided to join them. She was inspired in part by the rhetoric surrounding welfare reform, which promised that a job - any job - can be the ticket to a better life. But how does anyone survive, let alone prosper, on $6 an hour? To find out, Ehrenreich left her home, took the cheapest lodgings she could find, and accepted whatever jobs she was offered. Moving from Florida to Maine to Minnesota, she worked as a waitress, a hotel maid, a cleaning woman, a nursing-home aide, and a Wal-Mart sales clerk. She lived in trailer parks and crumbling residential motels. Very quickly, she discovered that no job is truly "unskilled," that even the lowliest occupations require exhausting mental and muscular effort. She also learned that one job is not enough; you need at least two if you int to live indoors. Nickel and Dimed reveals low-rent America in all its tenacity, anxiety, and surprising generosity - a land of Big Boxes, fast food, and a thousand desperate stratagems for survival.

Income And Wealth - Multimedia

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