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Category: Inequality

Inequality Measurement

December 9, 2018

Two new additions to the literature: Russ Roberts, who has the most frustration with the fact that other studies are not truly longitudinal And this meta-study from the Urban Institute.  Includes the capture below

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CBO Inequality Update

November 12, 2018

Here is the 2015 update.  It separates the various components of income, tax, and transfer programs across quantiles, providing a deeper picture of how they have changed.  One thing that jumps out is the category that makes a difference in … Continue reading →

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Comprehensive tax brackets

December 11, 2017

David Henderson has comprehensive federal tax brackets (before whatever it is Congress may pass before 2017 ends) by income, courtesy of the CBO. These include payroll taxes, as well as estimated tax incidence of corporate taxes.   Here’s the description … Continue reading →

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Inequality adjustments based on tax data

September 14, 2017

Using Tax Data to Measure Long Term Trends in Income Inequality makes further adjustments for the 1986 tax reform and corporate income. Unsurprisingly, this significantly reduces the increases in income inequality. Continue reading →

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Useful inequality data

March 5, 2017

can be found here.  Continue reading →

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All Shoes All The Time

January 26, 2015

Perry Metzger has an amusing post about Piketty and the “Shoe Event Horizon” from The Hitchhiker’s Guide to the Galaxy: On Frogstar B, for a time shoe production increased faster than the rate of overall economic growth. As a result, … Continue reading →

Posted in Economics, Inequality | Reply

Inequality and Income Growth, Near and Far

January 18, 2015

The public debate about inequality and income growth sometimes seems entirely focused on intra-country differences, and ignores the global trend of decreasing inequality.  In my reading on the subject I came across this graph, used in more than one article … Continue reading →

Posted in Inequality, Taxes and Spending | Replies: 2

More on discontinuity of reported income

January 11, 2015

In prior posts I’ve noted that some of the measured inequality trend is actually an artifact of where income is reported.  Particularly after the 1986 tax reform, income has moved steadily from corporate returns to individual returns, exaggerating the growth … Continue reading →

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New Minimum Wage Research

December 7, 2014

Suggests what you might call the textbook result: The hike in the minimum wage thus appears to have raised the wage for low-skilled workers but made it harder for them to find jobs. Full paper here. From the summary: …because we … Continue reading →

Posted in Economics, Inequality | Reply

CBO Inequality Data via Brookings

February 23, 2014

Gary Burtless brings us changes in real after-tax income for various quantiles, since 1979 and 2000.  Unsurprisingly, the incomes of the wealthy have a much higher beta to the economy than the poor.  Yet people keep presenting that as a … Continue reading →

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