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Accounting for the Distribution of Income in the U.S. National Accounts

In: Measuring Economic Sustainability and Progress

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  • Dennis Fixler
  • David S. Johnson

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  • Dennis Fixler & David S. Johnson, 2014. "Accounting for the Distribution of Income in the U.S. National Accounts," NBER Chapters, in: Measuring Economic Sustainability and Progress, pages 213-244, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberch:12828
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    References listed on IDEAS

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    1. Dennis J. Fixler & Jeremy J. Nalewaik, 2007. "News, noise, and estimates of the \"true\" unobserved state of the economy," Finance and Economics Discussion Series 2007-34, Board of Governors of the Federal Reserve System (U.S.).
    2. Conference on Research in Income and Wealth, 1943. "Comparability and Deficiencies of Existing Data and the Construction of a Size Distribution for the United States," NBER Chapters, in: Income Size Distributions in the United States, Part I (Studies in Income and Wealth, vol. 5), pages 68-98, National Bureau of Economic Research, Inc.
    3. Congressional Budget Office, 2011. "Trends in the Distribution of Household Income Between 1979 and 2007," Reports 42729, Congressional Budget Office.
    4. Stéphane Mussard & Luc Savard, 2010. "Macro/Micro-Economic Modelling and Gini Multi-Decomposition: An Application to the Philippines," Journal of Income Distribution, Ad libros publications inc., vol. 19(2), pages 51-78, June.
    5. Jonathan A. Parker & Nicholas S. Souleles & David S. Johnson & Robert McClelland, 2013. "Consumer Spending and the Economic Stimulus Payments of 2008," American Economic Review, American Economic Association, vol. 103(6), pages 2530-2553, October.
    6. Mark Aguiar & Mark Bils, 2015. "Has Consumption Inequality Mirrored Income Inequality?," American Economic Review, American Economic Association, vol. 105(9), pages 2725-2756, September.
    7. Wesley Clair Mitchell & Wilford Isbell King & Frederick R. Macaulay, 1921. "Index for "Income in the United States: Its Amount and Distribution, 1909-1919, Volume 1: Summary"," NBER Chapters, in: Income in the United States: Its Amount and Distribution, 1909-1919, Volume 1: Summary, pages 149-154, National Bureau of Economic Research, Inc.
    8. Burkhauser, Richard V. & Larrimore, Jeff & Simon, Kosali I., 2012. "A "Second Opinion" on the Economic Health of the American Middle Class," National Tax Journal, National Tax Association;National Tax Journal, vol. 65(1), pages 7-32, March.
    9. Anthony B. Atkinson & Thomas Piketty & Emmanuel Saez, 2011. "Top Incomes in the Long Run of History," Journal of Economic Literature, American Economic Association, vol. 49(1), pages 3-71, March.
    10. Orazio P. Attanasio & Erich Battistin & Mario Padula, 2010. "Inequality in Living Standards Since 1980," Books, American Enterprise Institute, number 25159, September.
    11. Slesnick,Daniel T., 2001. "Consumption and Social Welfare," Cambridge Books, Cambridge University Press, number 9780521497206, September.
    12. Timothy Smeeding & Gunther Schmaus & Brigitte Buhmann & Lee Rainwater, 1988. "Equivalence Scales, Well-Being, Inequality and Poverty: Sensitivity Estimates Across Ten Countries Using the LIS Database," LIS Working papers 17, LIS Cross-National Data Center in Luxembourg.
    13. Oh, Hyunseung & Reis, Ricardo, 2012. "Targeted transfers and the fiscal response to the great recession," Journal of Monetary Economics, Elsevier, vol. 59(S), pages 50-64.
    14. Congressional Budget Office, 2012. "The Distribution of Household Income and Federal Taxes, 2008 and 2009," Reports 43373, Congressional Budget Office.
    15. Jeffrey Thompson & Timothy M. Smeeding, 2010. "Recent Trends in the Distribution of Income: Labor, Wealth and More Complete Measures of Well Being," Working Papers wp225, Political Economy Research Institute, University of Massachusetts at Amherst.
    16. Wesley C. Mitchell & Willford I. King & Frederick R. Macaulay & Oswald W. Knauth, 1921. "Income in the United States: Its Amount and Distribution, 1909-1919, Volume 1: Summary," NBER Books, National Bureau of Economic Research, Inc, number mitc21-1.
    17. Andrew G. Berg & Jonathan D. Ostry, 2017. "Inequality and Unsustainable Growth: Two Sides of the Same Coin?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 65(4), pages 792-815, November.
    18. Luigi Pistaferri & Itay Saporta-Eksten, 2012. "Changes in the Income Distribution and Aggregate Consumption," Working Papers 11, Department of the Treasury, Ministry of the Economy and of Finance.
    19. Sen, Amartya, 1973. "On Economic Inequality," OUP Catalogue, Oxford University Press, number 9780198281931.
    20. Blinder, Alan S, 1975. "Distribution Effects and the Aggregate Consumption Function," Journal of Political Economy, University of Chicago Press, vol. 83(3), pages 447-475, June.
    21. Karen Dynan, 2012. "Is a Household Debt Overhang Holding Back Consumption," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 44(1 (Spring), pages 299-362.
    22. Sen, Amartya, 1997. "On Economic Inequality," OUP Catalogue, Oxford University Press, number 9780198292975.
    23. Karen Dynan, 2012. "Is a Household Debt Overhang Holding Back Consumption," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 43(1 (Spring), pages 299-362.
    24. Edward N. Wolff & Ajit Zacharias & Thomas Masterson & Selcuk Eren & Andrew Sharpe & Elspeth Hazell, 2012. "A Comparison of Inequality and Living Standards in Canada and the United States Using an Expanded Measure of Economic Well-Being," Economics Working Paper Archive wp_703, Levy Economics Institute.
    25. Lerman, Robert I & Yitzhaki, Shlomo, 1985. "Income Inequality Effects by Income," The Review of Economics and Statistics, MIT Press, vol. 67(1), pages 151-156, February.
    26. Arnold J. Katz, 2012. "Explaining Long-term Differences Between Census and BEA Measures of Household Income," BEA Working Papers 0082, Bureau of Economic Analysis.
    27. Congressional Budget Office, 2011. "Trends in the Distribution of Household Income Between 1979 and 2007," Reports 42729, Congressional Budget Office.
    28. Selma F. Goldsmith, 1958. "The Relation of Census Income Distribution Statistics to Other Income Data," NBER Chapters, in: An Appraisal of the 1950 Census Income Data, pages 63-122, National Bureau of Economic Research, Inc.
    29. Edward C. Budd & Daniel B. Radner, 1975. "The Bureau of Economic Analysis and Current Population Survey Size Distributions: Some Comparisons for 1964," NBER Chapters, in: The Personal Distribution of Income and Wealth, pages 449-559, National Bureau of Economic Research, Inc.
    30. Congressional Budget Office, 2012. "The Distribution of Household Income and Federal Taxes, 2008 and 2009," Reports 43373, Congressional Budget Office.
    31. repec:bla:revinw:v:34:y:1988:i:2:p:115-42 is not listed on IDEAS
    32. Congressional Budget Office, 2012. "The Distribution of Household Income and Federal Taxes, 2008 and 2009," Reports 43373, Congressional Budget Office.
    33. Congressional Budget Office, 2011. "Trends in the Distribution of Household Income Between 1979 and 2007," Reports 42729, Congressional Budget Office.
    34. Congressional Budget Office, 2012. "The Distribution of Household Income and Federal Taxes, 2008 and 2009," Reports 43373, Congressional Budget Office.
    35. Jorgenson, Dale W, 1990. "Aggregate Consumer Behavior and the Measurement of Social Welfare," Econometrica, Econometric Society, vol. 58(5), pages 1007-1040, September.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Dennis Fixler & Marina Gindelsky & David Johnson, 2019. "Improving the Measure of the Distribution of Personal Income," AEA Papers and Proceedings, American Economic Association, vol. 109, pages 302-306, May.
    2. Garbinti, Bertrand & Goupille-Lebret, Jonathan & Piketty, Thomas, 2018. "Income inequality in France, 1900–2014: Evidence from Distributional National Accounts (DINA)," Journal of Public Economics, Elsevier, vol. 162(C), pages 63-77.
    3. Pablo A. Mitnik & Anne-Line Helsø & Victoria L. Bryant, 2020. "Inequality of Opportunity for Income in Denmark and the United States: A Comparison Based on Administrative Data," NBER Chapters, in: Measuring Distribution and Mobility of Income and Wealth, pages 317-382, National Bureau of Economic Research, Inc.
    4. Thomas Piketty & Emmanuel Saez & Gabriel Zucman, 2018. "Distributional National Accounts: Methods and Estimates for the United States," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 133(2), pages 553-609.
    5. Bertrand Garbinti & Jonathan Goupille-Lebret & Thomas Piketty, 2017. "Income Inequality in France, 1900-2014: Evidence from Distributional National Accounts," Working Papers halshs-02658875, HAL.
    6. Pablo Mitnik, 2018. "Estimating the Intergenerational Elasticity of Expected Income with Short-Run Income Measures: A Generalized Error-in-Variables Model," Working Papers 2018-045, Human Capital and Economic Opportunity Working Group.
    7. Fisher, Jonathan D. & Johnson, David S. & Smeeding, Timothy M. & Thompson, Jeffrey P., 2020. "Estimating the marginal propensity to consume using the distributions of income, consumption, and wealth," Journal of Macroeconomics, Elsevier, vol. 65(C).
    8. Dennis Fixler & Marina Gindelsky & David S. Johnson, 2020. "Distributing Personal Income: Trends over Time," NBER Chapters, in: Measuring Distribution and Mobility of Income and Wealth, pages 589-603, National Bureau of Economic Research, Inc.
    9. Torregrosa-Hetland, Sara, 2016. "Sticky Income Inequality In The Spanish Transition (1973-1990)," Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Cambridge University Press, vol. 34(1), pages 39-80, March.
    10. Marina Gindelsky, 2022. "Do transfers lower inequality between households? Demographic evidence from Distributional National Accounts," Economic Inquiry, Western Economic Association International, vol. 60(3), pages 1233-1257, July.
    11. Bridgman, Benjamin, 2018. "Is Labor'S Loss Capital'S Gain? Gross Versus Net Labor Shares," Macroeconomic Dynamics, Cambridge University Press, vol. 22(8), pages 2070-2087, December.
    12. Rishabh Kumar, 2015. "Savings from top incomes and accumulation in the United States context: Results from disaggregated national accounts," Working Papers 1524, New School for Social Research, Department of Economics.
    13. Barry Z. Cynamon & Steven M. Fazzari, 2017. "Household Income, Demand, and Saving: Deriving Macro Data With Micro Data Concepts," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 63(1), pages 53-69, March.
    14. Andrew Aitken & Martin Weale, 2018. "Imputation of Pension Accruals and Investment Income in Survey Data," Economic Statistics Centre of Excellence (ESCoE) Discussion Papers ESCoE DP-2018-05, Economic Statistics Centre of Excellence (ESCoE).
    15. Pablo Mitnik & Victoria Bryant & David Grusky, 2018. "A Very Uneven Playing Field: Economic Mobility in the United States," Working Papers 2018-097, Human Capital and Economic Opportunity Working Group.
    16. Michael M. Batty & Jesse Bricker & Joseph S. Briggs & Alice Henriques Volz & Elizabeth Ball Holmquist & Susan Hume McIntosh & Kevin B. Moore & Eric R. Nielsen & Sarah Reber & Molly Shatto & Kamila Som, 2019. "Introducing the Distributional Financial Accounts of the United States," Finance and Economics Discussion Series 2019-017, Board of Governors of the Federal Reserve System (U.S.).
    17. Michael Batty & Jesse Bricker & Joseph Briggs & Sarah Friedman & Danielle Nemschoff & Eric Nielsen & Kamila Sommer & Alice Henriques Volz, 2021. "The Distributional Financial Accounts of the United States," NBER Chapters, in: Measuring Distribution and Mobility of Income and Wealth, pages 641-677, National Bureau of Economic Research, Inc.
    18. Bojaj, Martin M. & Djurovic, Gordana & Fabris, Nikola & Milovic, Nikola, 2023. "Top 1% and inequality connectedness in the EMU and WB," International Review of Economics & Finance, Elsevier, vol. 83(C), pages 139-155.
    19. Rishabh Kumar, 2015. "Thrift, stagnation and wealth distribution in a two class economy with applications to the United States," Working Papers 1506, New School for Social Research, Department of Economics, revised Jul 2015.

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