| Contents |
Introduction / Raj Chetty, John N. Friedman, Janet C. Gornick, Barry Johnson, and Arthur Kennickell -- I. Income inequality. In search of the roots of American inequality exceptionalism : an analysis based on Luxembourg Income Study (LIS) data / Janet C. Gornick, Branko Milanovic, Nathaniel Johnson -- Rising between-firm inequality and declining labor market fluidity : evidence of a changing job ladder / John Haltiwanger, James R. Spletzer -- United States earnings dynamics : inequality, mobility, and volatility / Kevin L. McKinney, John M. Abowd, John Sabelhaus -- Evidence from unique Swiss tax data on the composition and joint distribution of income and wealth / Isabel Z. Martinez -- II. Wealth inequality. The wealth of generations, with special attention to the Millennials / William G. Gale, Hilary Gelfond, Jason J. Fichtner, Benjamin H. Harris -- Wealth transfers and net wealth at death : evidence from the Italian inheritance tax records, 1995-2016 / Paolo Acciari, Salvatore Morelli -- On the distribution of estates and the distribution fo 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, Martin Schürz -- Social security wealth, inequality, and life-cycle saving / John Sabelhaus, Alice Henriques Volz -- III. Income and wealth mobility. Parental education and the rising transmission of income between generations / Marie Connolly, Catherine Haeck, 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, Victoria L. Bryant -- Presence and persistence of poverty in US tax data / Jeff Larrimore, Jacob Mortenson, David Splinter -- Intergenerational home ownership in France over the twentieth century / Bertrand Garbinti, Frédérique Savignac -- Inequality and mobility over the past half-century using income, consumption, and wealth / Jonathan D. Fisher, David S. Johnson -- IV. Mitigating inequality. The 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, Alan Plumley -- Geographic inequality in social provision : variation across the US states / Sarah K. Bruch, Janet C. Gornick, Joseph van der Naald -- Inequality and the safety net in American cities through the income distribution, 1929-1940 / James Feigenbaum, Price Fishback, Keoka Grayson -- The EITC and linking data for examining multigenerational effects / Randall Akee, Maggie R. Jones, Emilia Simeonova -- Part V. Distributional national accounts. Distributing personal income : trends over time / Dennis Fixler, Marina Gindelsky, David S. Johnson -- Developing indicators of inequality and poverty consistent with national accounts / Richard Tonkin, Sean White, Sofiya Stoyanova, Aly Youssef, Sunny Valentineo Sidhu, Chris Payne -- Distributional national accounts : a macro-micro approach to inequality in Germany / Stefan Bach, Charlotte Bartels, Theresa Neef -- The 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, Martin Shine. |
| Abstract |
"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. |
