Showing 1 - 10 of 15
our large modern social states and why concerns about inequality are so pervasive. A social solution arises when a …
Persistent link: https://www.econbiz.de/10012482605
We use a simple theoretical framework and a randomized manipulation of access to information on peers' wages to provide new evidence on the effects of relative pay on individual job satisfaction and job search intentions. A randomly chosen subset of employees of the University of California (UC)...
Persistent link: https://www.econbiz.de/10012462260
This paper presents new findings on global inequality dynamics from the World Wealth and Income Database (WID …. Long-run wealth inequality dynamics appear to be highly unstable. We stress the need for more democratic transparency on …
Persistent link: https://www.econbiz.de/10012455562
Recent studies argue that US inequality has increased less than previously thought, in particular due to a more modest … improvements, we provide a comprehensive update of our estimates of US income and wealth inequality. Although some of the points … random audit data. Our revised series show a rise of inequality similar to Saez and Zucman (2016) and Piketty, Saez, and …
Persistent link: https://www.econbiz.de/10012482141
This paper provides estimates of federal tax rates by income groups in the United States since 1960, with special emphasis on very top income groups. We include individual and corporate income taxes, payroll taxes, and estate and gift taxes. The progressivity of the U.S. federal tax system at...
Persistent link: https://www.econbiz.de/10012466261
This paper presents new homogeneous series on top wealth shares from 1916 to 2000 in the United States using estate tax return data. Top wealth shares were very high at the beginning of the period but have been hit sharply by the Great Depression, the New Deal, and World War II shocks. Those...
Persistent link: https://www.econbiz.de/10012468294
'technical change' view of inequality dynamics cannot fully account for the observed facts. The large shocks that capital owners … these shocks. The evidence on wage inequality shows that top wage shares were flat before WWII and dropped precipitously …
Persistent link: https://www.econbiz.de/10012470251
affects inequality. Average pre-tax national income per adult has increased 60% since 1980, but we find that it has stagnated … increase in inequality. The reduction of the gender gap in earnings has mitigated the increase in inequality among adults. The …
Persistent link: https://www.econbiz.de/10012455735
inequality is almost entirely due to the rise of the top 0.1% wealth share, from 7% in 1979 to 22% in 2012--a level almost as … in wealth concentration is due to the surge of top incomes combined with an increase in saving rate inequality. Top …
Persistent link: https://www.econbiz.de/10012458040
distribution (relative to their parents) as children born in the 1970s. However, because inequality has risen, the consequences of …
Persistent link: https://www.econbiz.de/10012458819