| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w30229 |
| 来源ID | Working Paper 30229 |
| Real-Time Inequality | |
| Thomas Blanchet; Emmanuel Saez; Gabriel Zucman | |
| 发表日期 | 2022-07-11 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | This paper constructs high-frequency and timely income distributions for the United States. We develop a methodology to combine the information contained in high-frequency public data sources—including monthly household and employment surveys, quarterly censuses of employment and wages, and monthly and quarterly national accounts statistics—in a unified framework. This allows us to estimate economic growth by income groups, race, and gender consistent with quarterly releases of macroeconomic growth, and to track the distributional impacts of government policies during and in the aftermath of recessions in real time. We test and successfully validate our methodology by implementing it retrospectively back to 1976. Analyzing the Covid-19 pandemic, we find that all income groups recovered their pre-crisis pretax income level within 20 months of the beginning of the recession. Although the recovery was primarily driven by jobs rather than wage growth, wages experienced significant gains at the bottom of the distribution, highlighting the equalizing effects of tight labor markets. After accounting for taxes and cash transfers, real disposable income for the bottom 50% was 20% higher in 2021 than in 2019, but fell in the first half of 2022 as the expansion of the welfare state during the pandemic was rolled back. All estimates are available at https://realtimeinequality.org and are updated with each quarterly release of the national accounts, within a few hours. |
| 主题 | Macroeconomics ; Public Economics ; Taxation ; National Fiscal Issues ; Labor Economics ; Labor Compensation ; COVID-19 |
| URL | https://www.nber.org/papers/w30229 |
| 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/587900 |
| 推荐引用方式 GB/T 7714 | Thomas Blanchet,Emmanuel Saez,Gabriel Zucman. Real-Time Inequality. 2022. |
| 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 | ||
| w30229.pdf（690KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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