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Distributional Haig-Simons Income Accounts for U.S. Households, 2000-2019

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  • Roth, Steve

Abstract

This paper and the accompanying Excel workbook present the Distributional Comprehensive Household Income Accounts (DCHIAs), an open-access data series of Haig-Simons income for U.S. households, 2000–2019. The series is derived from publicly available national-accounts data, and is balance-sheet-complete; it fully explains changes in household (and hence national) assets and net worth from year to year and across the two-decade period. A prototype distributional breakdown is provided for all measures and submeasures, by income quintile.

Suggested Citation

  • Roth, Steve, 2022. "Distributional Haig-Simons Income Accounts for U.S. Households, 2000-2019," MPRA Paper 114524, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:114524
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    File URL: https://mpra.ub.uni-muenchen.de/114524/1/MPRA_paper_114524.pdf
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    File URL: https://mpra.ub.uni-muenchen.de/115231/8/MPRA_paper_115231.pdf
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    File URL: https://mpra.ub.uni-muenchen.de/115948/16/MPRA_paper_115948.pdf
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    References listed on IDEAS

    as
    1. Pedro Salas-Rojo & Juan Gabriel Rodríguez, 2022. "Inheritances and wealth inequality: a machine learning approach," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 20(1), pages 27-51, March.
    2. Nolan, Brian & Palomino, Juan C. & Van Kerm, Philippe & Morelli, Salvatore, 2021. "Intergenerational wealth transfers and wealth inequality in rich countries: What do we learn from Gini decomposition?," Economics Letters, Elsevier, vol. 199(C).
    3. 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).
    4. 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.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    income; wealth; assets; liabilities; net worth; haig-simons; national accounts; personal income; NIPA; flow of funds; inequality; equality; labor income; property income; IMA; integrated macroeconomic accounts; SNA; system of national accounts; distribution; capital gains; holding gains; realized; accrued;
    All these keywords.

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution

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