"This volume contains revised versions of papers presented at the Conference on Research in Income and Wealth titled "Measuring and Understanding the Distribution and Intra/Inter-Generational Mobility of Income and Wealth", held in Bethesda, Maryland, on March 5-6, 2020."--Page xi. Includes bibliographical references and indexes.
Contents:
Using tax data to better capture top incomes in official UK income inequality statistics / Raj Chetty, John N. Friedman, Janet C. Gornick, Barry Johnson, and Arthur Kennickell -- V. Distributional national accounts. In search of the roots of American inequality exceptionalism: an analysis based on Luxembourg Income Study (LIS) data / Dominic Webber, Richard Tonkin, and Martin Shine. Rising between-firm inequality and declining labor market fluidity: evidence of a changing job ladder / John Haltiwanger, and James R. Spletzer -- United States earnings dynamics: inequality, mobility, and volatility / Kevin L. McKinney, John M. Abowd, and John Sabelhaus -- Evidence from unique Swiss tax data on the composition and joint distribution of income and wealth / Isabel Z. Martinez -- II. Wealth inequality. Wealth of generations, with special attention to the Millennials / William G. Gale, Hilary Gelfond, Jason J. Fichtner, and Benjamin H. Harris -- Wealth transfers and net wealth at death: evidence from the Italian inheritance tax records, 1995-2016 / Paolo Acciari, and Salvatore Morelli -- On the distribution of estates and the distribution of wealth: evidence from the dead / Yonatan Berman and Salvatore Morelli -- Structuring the analysis of wealth inequality using the functions of wealth: a class-based approach / Pirmin Fessler, and Martin Schürz -- Social security wealth, inequality, and life-cycle saving / John Sabelhaus, and Alice Henriques Volz -- III. Income and wealth mobility. Parental education and the rising transmission of income between generations / Marie Connolly, Catherine Haeck, and Jean-William Laliberté -- Inequality of opportunity for income in Denmark and the United States: a comparison based on administrative data / Pablo A. Mitnik, Anne-Line Helsø, and Victoria L. Bryant -- Presence and persistence of poverty in US tax data / Jeff Larrimore, Jacob Mortenson, and David Splinter -- Intergenerational home ownership in France over the twentieth century / Bertrand Garbinti, and Frédérique Savignac -- Inequality and mobility over the past half-century using income, consumption, and wealth / Jonathan D. Fisher, and David S. Johnson -- IV. Mitigating inequality. Accuracy of tax imputations: estimating tax liabilities and credits using linked survey and administrative data / Bruce D. Meyer, Derek Wu, Grace Finley, Patrick Langetieg, Carla Medalia, Mark Payne, and Alan Plumley -- Geographic inequality in social provision: variation across the US states / Sarah K. Bruch, Janet C. Gornick, and Joseph van der Naald -- Inequality and the safety net in American cities through the income distribution, 1929-1940 / James Feigenbaum, Price Fishback, and Keoka Grayson -- EITC and linking data for examining multigenerational effects / Randall Akee, Maggie R. Jones, and Emilia Simeonova -- V. Distributional national accounts. Distributing personal income: trends over time / Dennis Fixler, Marina Gindelsky, and David S. Johnson -- Developing indicators of inequality and poverty consistent with national accounts / Richard Tonkin, Sean White, Sofiya Stoyanova, Aly Youssef, Sunny Valentineo Sidhu, and Chris Payne -- Distributional national accounts: a macro-micro approach to inequality in Germany / Stefan Bach, Charlotte Bartels, and Theresa Neef -- Distributional financial accounts of the United States / Michael Batty, Jesse Bricker, Joseph Briggs, Sarah Friedman, Danielle Nemschoff, Eric Nielsen, Kamila Sommer, and Alice Henriques Volz -- Using tax data to better capture top incomes in official UK income inequality statistics / Dominic Webber, Richard Tonkin, and Martin Shine.
Summary:
"Economic research on the efficient allocation of resources has a long history. Increasingly, attention has turned to inequality in the distribution of personal resources and outcomes, and whether individuals or children are locked in their respective places in this distribution or whether mobility is possible. Research focuses not only on measuring inequality and mobility, but on understanding its historical, economic, and social determinants, and how policies might affect these distributions. This volume explores the latest developments in our understanding of income and wealth distribution and mobility. The first section addresses observed patterns of income inequality and shifts in compensation and fluidity that drive or reinforce income inequality. The next focuses on wealth inequality, including the difficulties of defining and measuring wealth. The third section presents new evidence on the intergenerational transmission of inequality and the mechanisms that sustain these patterns. A fourth set of chapters studies the mitigation of inequality, including variations in intervention strategies across time and geography. Finally, issues related to using national accounting data in comparison with survey and microdata are examined. Lack of data, particularly wealth data at the individual or household level in most countries, presents a challenge. Momentum has been building to link multiple sources of survey, administrative and other data in order to mitigate measurement problems in single sources and to provide more comprehensive data on income and wealth"-- Provided by publisher. "A collection of twenty-three studies that explore the latest developments in the analysis of income and wealth distribution and mobility. Economic research is increasingly focused on inequality in the distribution of personal resources and outcomes. One aspect of inequality is mobility: are individuals locked into their respective places in this distribution? To what extent do circumstances change, either over the lifecycle or across generations? Research not only measures inequality and mobility, but also analyzes the historical, economic, and social determinants of these outcomes and the effect of public policies. This volume explores the latest developments in the analysis of income and wealth distribution and mobility. The collection of twenty-three studies is divided into five sections. The first examines observed patterns of income inequality and shifts in the distribution of earnings and in other factors that contribute to it. The next examines wealth inequality, including a substantial discussion of the difficulties of defining and measuring wealth. The third section presents new evidence on the intergenerational transmission of inequality and the mechanisms that underlie it. The next section considers the impact of various policy interventions that are directed at reducing inequality. The final section addresses the challenges of combining household-level data, potentially from multiple sources such as surveys and administrative records, and aggregate data to study inequality, and explores ways to make survey data more comparable with national income accounts data. "-- Provided by publisher.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.