A "Second Opinion" on the Economic Health of the American Middle Class
Richard Burkhauser (),
Jeff Larrimore () and
Kosali I. Simon
National Tax Journal, 2012, vol. 65, issue 1, 7-32
Researchers considering levels and trends in the resources available to the middle class traditionally measure the pre-tax cash income of tax units or the pre-tax, post-transfer, size-adjusted income of households. Choices regarding the income measure and sharing unit to be analyzed, as well as other methodological choices, carry significant implications for assessing income trends. In particular, we show that focusing on tax units rather than households and not adjusting for sharing unit size greatly reduces measured growth in middle class income, as does excluding the effect of taxes and the value of in-kind benefits. As an example, we demonstrate how much these distinctions change the observed distribution of benefits from the tax exclusion of employer provided health insurance.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9) Track citations by RSS feed
Downloads: (external link)
https://www.ntanet.org/NTJ/65/1/ntj-v65n01p7-32-se ... -economic-health.pdf (application/pdf)
https://www.ntanet.org/NTJ/65/1/ntj-v65n01p7-32-se ... economic-health.html (text/html)
Access to most recent volumes (current and past two years) is restricted to subscribers and members of the National Tax Association.
Working Paper: A "Second Opinion" on the Economic Health of the American Middle Class (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ntj:journl:v:65:y:2012:i:1:p:7-32
Access Statistics for this article
National Tax Journal is currently edited by Stacy Dickert-Conlin and William M. Gentry
More articles in National Tax Journal from National Tax Association, National Tax Journal Contact information at EDIRC.
Bibliographic data for series maintained by Sally Sztrecska ().