Tag Archives: inequality

Firms and Labor Market Inequality: Evidence and Some Theory

From David Card, Ana Rute Cardoso, Joerg Heining, and Patrick Kline: We review the literature on firm-level drivers of labor market inequality. There is strong evidence from a variety of fields that standard measures of productivity – like output per worker … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment

Human Capital Investment, Inequality and Economic Growth

From Murphy and Topel: We treat rising inequality is an equilibrium outcome in which human capital investment fails to keep pace with rising demand for skills. Investment affects skill supply and prices on three margins: the type of human capital … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment

Business in the United States: Who Owns it and How Much Tax Do They Pay?

Posted in Uncategorized | Tagged , | Leave a comment

The Rise of Domestic Outsourcing and the Evolution of the German Wage Structure

From Deborah Goldschmidt and Johannes Schmieder: The nature of the relationship between employers and employees has been changing over the last decades, with firms increasingly relying on contractors, temp agencies and franchises rather than hiring employees directly. We investigate the impact of … Continue reading

Posted in Uncategorized | Tagged , , , , , , | Leave a comment

Pareto and Piketty: The Macroeconomics of Top Income and Wealth Inequality

From Chad Jones: Since the early 2000s, research by Thomas Piketty, Emmanuel Saez, and their coathors has revolutionized our understanding of income and wealth inequality. In this paper, I highlight some of the key empirical facts from this research and … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment

Declining Savings Among the Bottom 90%

From Saez and Zucman (2014)

Posted in Uncategorized | Tagged , , , , | Leave a comment

Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data

From Emmanuel Saez and Gabriel Zucman: This paper combines income tax returns with Flow of Funds data to estimate the distribution of household wealth in the United States since 1913. We estimate wealth by capitalizing the incomes reported by individual … Continue reading

Posted in Uncategorized | Tagged , , , , | 1 Comment