Distributing Personal Income: Trends Over Time

Dennis Fixler, Marina Gindelsky and David Johnson

No 26996, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper constructs a distribution of Personal Income for the United States (2007-2016) to investigate the relationship between inequality and macroeconomic growth. We extend a perspective first presented in Fixler and Johnson (2014) and further developed in Fixler et al. (2017) and Fixler, Gindelsky, and Johnson (2018, 2019) to develop a national account-based measure using a decade of publicly available survey, tax, and administrative data. By using (equivalized) households as the base unit of analysis and focusing on a more inclusive definition of income than most inequality studies (i.e., including health, transfers, and financial assets), we improve on existing economic measures of inequality in a meaningful way and bridge the gap between micro data and macro statistics. We produce a wide set of inequality results over the period, drawing a comparison with other studies (including Auten and Splinter (2019) and Piketty, Saez, and Zucman (2018)).

JEL-codes: D31 (search for similar items in EconPapers)
Date: 2020-04
Note: EFG
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Published as Distributing Personal Income: Trends over Time , Dennis Fixler, Marina Gindelsky, David S. Johnson. in Measuring Distribution and Mobility of Income and Wealth , Chetty, Friedman, Gornick, Johnson, and Kennickell. 2022

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