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U.S. Size Distribution and the Macroeconomy, 1986-2009Â

Lance Taylor (), Armon Rezai, Rishabh Kumar, Laura Barbosa de Carvalho and Nelson Barbosa-Filho

No 2013-1, SCEPA working paper series. from Schwartz Center for Economic Policy Analysis (SCEPA), The New School

Abstract: The US national income and product accounts are restated in the form of a social accounting matrix or SAM. Using data from the Congressional Budget Office and the Consumer Expenditure Survey of the Bureau of Labor Statistics, the SAM is extended to include seven household groups in the size distribution of income. Aspects of rising inequality are pointed out, and a simple demand-driven model to set up to examine redistributive policies.

Keywords: income distribution; social accounting matrix; simulation (search for similar items in EconPapers)
JEL-codes: E25 H5 Y1 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2013-05
New Economics Papers: this item is included in nep-mac
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