| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26439 |
| 来源ID | Working Paper 26439 |
| Income Growth and its Distribution from Eisenhower to Obama: The Growing Importance of In-Kind Transfers (1959-2016) | |
| James Elwell; Kevin Corinth; Richard V. Burkhauser | |
| 发表日期 | 2019-11-11 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Using Census Bureau estimates of the market value of in-kind transfers and Current Population Survey (ASEC-CPS) data over the period 1979 to 2007, Burkhauser et al. (2012b) construct measures of income and its distribution. We extend their work forward to 2016 and back to 1967 using ASEC-CPS data and decennial Census data for 1959. With this newly linked data set, we provide a fresh look at the twenty-year period 1959 to 1979 that encompasses the inauguration of New Frontier and Great Society programs as well as the first survey-based look at levels and trends in income and its distribution from 1959 to 2016. We find that the dramatic decline in the market income of the middle class (measured as the median American tax unit or the mean value of the middle quintile of American tax units) began in 1969. However, we find that this decline was more than offset by government tax and transfer programs—especially in-kind transfers. Conventional measures of median income and income inequality that exclude the market value of in-kind transfers will substantially understate the impact of government policies in offsetting the stagnation of median market income growth and the rise in market income inequality since 1969. |
| 主题 | Microeconomics ; Market Structure and Distribution ; Public Economics ; Taxation ; Labor Economics ; Labor Compensation |
| URL | https://www.nber.org/papers/w26439 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584111 |
| 推荐引用方式 GB/T 7714 | James Elwell,Kevin Corinth,Richard V. Burkhauser. Income Growth and its Distribution from Eisenhower to Obama: The Growing Importance of In-Kind Transfers (1959-2016). 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w26439.pdf（342KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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