Boskin, Michael J.; Elnahal, Kareem; Zhang, Adam - National Bureau of Economic Research - 2024
yields the marginal effect of any shift of market income share from one quintile to another on the entire post tax, post …-transfer income distribution. We identify exogenous income distribution changes and account for reverse causality using instruments …, as well as lagged endogenous variables, with controls for the level of income, the business cycle and demographics. We …