This paper combines tax, survey, and national accounts data to estimate the distribution of national income in the United States since 1913. Our distributional national accounts capture 100% of national income, allowing us to compute growth rates for each quantile of the income distribution...

AlfLüth Der indirekte Leistungsnachweis der Finanzintermediäre in der Volkswirtschaftlichen Gesamtrechnung Über die Identifikation dienstleistungsbasierter Zinsmargen und Implikationen für Off-Balance-Sheet-Produkte ...

This paper combines tax, survey, and national accounts data to estimate the distribution of national income in the United States since 1913. Our distributional national accounts capture 100% of national income, allowing us to compute growth rates for each quantile of the income distribution...

We introduce a high-dimensional structural time series model, where co-movement between the components is due to common factors. A two-step estimation strategy is presented, which is based on principal components in differences in a first step and state space methods in a second step. The...