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Trends in Intergenerational Income Mobility
Solon, Gary; Lee, Chul-In - National Bureau of Economic Research (NBER) - 2006
Previous studies of recent U.S. trends in intergenerational income mobility have produced widely varying results, partly because of large sampling errors. By making more efficient use of the available information in the Panel Study of Income Dynamics, we generate more reliable estimates of the...
Persistent link: https://www.econbiz.de/10005084935
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Controversies about the Rise of American Inequality: A Survey
Gordon, Robert J.; Dew-Becker, Ian - National Bureau of Economic Research (NBER) - 2008
review of the CEO debate places equal emphasis on the market in showering capital gains through stock options and an …
Persistent link: https://www.econbiz.de/10005085152
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Income Inequality and Social Preferences for Redistribution and Compensation Differentials
Kerr, William R. - National Bureau of Economic Research (NBER) - 2011
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve along this pattern, a vicious cycle could form...
Persistent link: https://www.econbiz.de/10009395461
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Misperceptions About the Magnitude and Timing of Changes in American Income Inequality
Gordon, Robert J. - National Bureau of Economic Research (NBER) - 2009
The rise in American inequality has been exaggerated both in magnitude and timing. Commentators lament the large gap between the growth rates of real median household income and of private sector productivity. This paper shows that a conceptually consistent measure of this growth gap over 1979...
Persistent link: https://www.econbiz.de/10005088619
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The Glass Ceiling and The Paper Floor: Gender Differences among Top Earners, 1981-2012
Guvenen, Fatih; Song, Jae; Kaplan, Greg - National Bureau of Economic Research (NBER) - 2014
We analyze changes in the gender structure at the top of the earnings distribution in the United States over the last 30 years using a 10% sample of individual earnings histories from the Social Security Administration. Despite making large inroads, females still constitute a small proportion of...
Persistent link: https://www.econbiz.de/10010951325
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Localized and Biased Technologies: Atkinson and Stiglitz's New View, Induced Innovations, and Directed Technological Change
Acemoglu, Daron - National Bureau of Economic Research (NBER) - 2014
This paper revisits the important ideas proposed by Atkinson and Stiglitz's seminal 1969 paper on technological change. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological change literature, it explains how these three...
Persistent link: https://www.econbiz.de/10011262792
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Directed Technical Change
Acemoglu, Daron - National Bureau of Economic Research (NBER) - 2001
the 1970s, may cause capital-biased technical change. Why technical change may be generally labor-augmenting rather than … capital-augmenting. …
Persistent link: https://www.econbiz.de/10005710366
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The Price of Experience
Jeong, Hyeok; Manovskii, Iourii; Kim, Yong - National Bureau of Economic Research (NBER) - 2014
We identify a key role of factor supply, driven by demographic changes, in shaping several empirical regularities that are a focus of active research in macro and labor economics. In particular, demographic changes alone can account for the large movements of the return to experience over the...
Persistent link: https://www.econbiz.de/10011196338
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A Quantitative Analysis of the Evolution of the U.S. Wage Distribution: 1970-2000
Guvenen, Fatih; Kuruscu, Burhanettin - National Bureau of Economic Research (NBER) - 2007
In this paper, we construct a parsimonious overlapping-generations model of human capital accumulation and study its … individuals differ in their ability to accumulate human capital, which is the main source of wage inequality in this model. We … growth rate of the price of human capital starting in the early 1970s. The model displays behavior that is consistent with …
Persistent link: https://www.econbiz.de/10004991900
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Distributional Effects of Means Testing Social Security: An Exploratory Analysis
Gustman, Alan L.; Steinmeier, Thomas; Tabatabai, Nahid - National Bureau of Economic Research (NBER) - 2014
This paper examines the distributional implications of introducing additional means testing of Social Security benefits where proceeds are used to help balance Social Security's finances. Benefits of the top quarter of households ranked according to the relevant measure of means are reduced...
Persistent link: https://www.econbiz.de/10010951055