How Pronounced is the U-Curve? Revisiting Income Inequality in the United States, 1917–60
Datos Bibliográficos
| ID | 9702996 |
|---|---|
| Autores | Vincent Geloso (0000-0002-6730-424X, George Mason University, autor de correspondencia), Vincent J Geloso (George Mason University), Phillip Magne (0000-0002-5627-5244, American Institute for Economic Research), Phillip Magness (American Institute for Economic Research), John Moore (0000-0003-4566-6247, Walsh College), John Allphin Moore (0000-0001-7599-0203, Walsh College), Philip Schlosser (Wayne State University) |
| Año | 2022 |
| Volumen | 132 |
| Número | 647 |
| Páginas | 2366-2391 |
| Fecha de publicación | 2022-09-19 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | The Economic Journal (JOURNAL) |
| Identificadores de la revista | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Editorial | Oxford University Press (PUBLISHER • GB) |
| DOI | 10.1093/ej/ueac020 |
| OpenAlex | W4220747453 |
| Idioma | EN |
| Citas recibidas | 10 |
| Referencias citadas | 24 |
Piketty and Saez (2003) found a pronounced U-curve pattern of American income inequality since 1917, displaying a precipitous decline during World War II to a level that would hold until 1980. We offer revisions to their income inequality estimates prior to 1960 with three important findings. First, Piketty and Saez overstate inequality levels in this period. Second, the decline during World War II was smaller than depicted. Third, the Great Depression, rather than World War II, played the more significant role. These findings indicate a need to re-evaluate commonly held assumptions about the evolution of inequality during the period of the ‘great levelling’, as well as the nature of its posited relationship to tax policy
Demographic economics · Development economics · Economic inequality · Economics · Great Depression · Inequality · Political science · World War II · Economic Theory and Institutions · Economic Theory and Policy · Income, Poverty, and Inequality · Law · Mathematics
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| Obras citantes distintas | 10 |
|---|---|
| Citas por año | 3,33 |
| Intervalo de citas | 2023 - 2026 (4) |
| Velocidad de citación | current |
| Altamente citado | No |
| Tipos de cita | Neutras: 10 |