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Income growth and its distribution from Eisenhower to Obama : the growing importance of in-kind transfers (1959-2016)

Elwell, James; Corinth, Kevin; Burkhauser, Richard V. - 2019

We provide the first survey-based look at levels and trends in income and its distribution from 1959 to 2016 by linking Current Population Survey data from 1967 through 2016 with decennial Census data for 1959. We find that the dramatic decline in the market income of the middle class (measured...

Persistent link: https://www.econbiz.de/10012136882

Income Distribution and Macroeconomic Performance in the United States

Cole, Jeffrey D. - 1996

The factors underlying the rise in U.S. income inequality since the mid-1970s are examined. The results suggest that the trend increase in income inequality has not been related to macroeconomic developments, such as income growth or import penetration, but that the income distribution is...

Persistent link: https://www.econbiz.de/10014397898

Government and cities : contests and the decentralization of decision making

Epstein, Gil S.; Gang, Ira N. - 2002

Governments do not have perfect information regarding the priorities and the needs of different groups in the economy. This lack of knowledge opens the door for different groups to lobby the government in order to receive the government's support. We set up a model of hierarchical contests and...

Persistent link: https://www.econbiz.de/10011412469

Legislative term limits and state aid to local governments

Yakovlev, Pavel; Tosun, Mehmet Serkan; Lewis, William P. - 2012

legislative term limits lead to more fiscal decentralization. -- term limits ; pork-barrel spending ; rent …

Persistent link: https://www.econbiz.de/10009534888

Migration elasticities, fiscal federalism and the ability of states to redistribute income

Giertz, Seth H.; Tosun, Mehmet Serkan - 2012

This paper develops a simulation model in order to examine the effectiveness of state attempts at redistribution under a variety of migration elasticity assumptions. Key outputs from the simulation include the impact of tax-induced migration on state revenues, excess burden, and fiscal...

Persistent link: https://www.econbiz.de/10009581381

The impact of local decentralization on economic growth : evidence from U.S. counties

Hammond, George W.; Tosun, Mehmet Serkan - 2009

We analyze the impact of fiscal decentralization on U.S. county population, employment, and real income growth. Our …. Our results suggest that local government decentralization matters differently for metropolitan and nonmetropolitan … counties. -- Fiscal decentralization ; metropolitan ; nonmetropolitan ; population ; employment ; income ; spatial econometrics …

Persistent link: https://www.econbiz.de/10003919883

Turbulence, firm decentralization and growth in bad times

Aghion, Philippe; Bloom, Nicholas; Lucking, Brian; … - 2017

decentralization from US administrative data and 10 OECD countries, we find that firms that delegated more power from the Central …

Persistent link: https://www.econbiz.de/10011641565

A fresh look at fiscal redistribution and inequality in the US across electoral cycles

Sala, Hector - 2018

The evolution of the ratio of direct taxation (characterized by progressive rates) over indirect and payroll taxation (characterized by flat rates) is examined together with its distributional consequences for the Bottom 50%, Middle 40% and Top 10% shares of income. Oscillations of this ratio...

Persistent link: https://www.econbiz.de/10011913675

Do informal referrals lead to better matches? : evidence from a firm's employee referral system

Brown, Meta; Setren, Elizabeth; Topa, Giorgio - 2014

Using a new firm-level dataset that includes explicit information on referrals by current employees, we investigate the hiring process and the relationships among referrals, match quality, wage trajectories and turnover for a single U.S. corporation, and test various predictions of theoretical...

Persistent link: https://www.econbiz.de/10010355700

Returns to skills and personnel management : U.S. DoD scientists and engineers

Gibbs, Michael (contributor) - 2005

Personnel records are used to examine compensation, recruitment, and retention of a group of very highly skilled workers: civilian scientists and engineers in U.S. Department of Defense laboratories. In contrast to the private sector, returns to skills were largely flat for this group from...

Persistent link: https://www.econbiz.de/10002694231

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