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Measuring Income and Income Inequality

Dados Bibliográficos

ID14855773
AutoresC H D Clarke (0000-0002-5308-6624, Washington University in St. Louis), Conor Clarke (Conor Clarke is Associate Professor of Law, Washington University in St. Louis School of Law, St. Louis, Missouri.), Wojciech Kopczuk (0000-0001-8678-275X, (Wojciech Kopczuk is Professor of Economics and of International and Public Affairs, Columbia University, New York City, New York. ).)
Ano2025
Volume39
Fascículo2
Páginas103-126
Data de publicação2025-05-01
Open AccessSim
TipoARTICLE
PeriódicoThe Journal of Economic Perspectives (JOURNAL)
Identificadores do periódicoISSN: 0895-3309 • E-ISSN: 1944-7965
EditoraAmerican Economic Association (PUBLISHER • US)
DOI10.1257/jep.20241424
OpenAlexW4410234997
IdiomaEN
Citações recebidas1
Referências citadas5

Income inequality is important, but attempts to measure it arrive at strikingly different conclusions. Why? We use recent disputes over measuring United States income inequality to return to first principles about both the income concept and inequality measurement. We emphasize two broad points. First, no measure of the income distribution is truly comprehensive, or could attempt to be comprehensive without making controversial choices. We document the practical and conceptual problems that the standard ideal — comprehensive Haig-Simons income — raises. Second, much of the controversy in this area turns on the many tradeoffs between starting with individual tax data versus more expansive income concepts. Individual tax data reflect only a shrinking subset of a more comprehensive income concept — but they are individual data. More expansive alternatives, on the other hand, are harder to allocate to individuals. We document some of the most important and contestable assumptions that such an allocation requires

Demographic economics · Economic inequality · Economics · Income distribution · Income inequality metrics · Inequality · Labour economics · Economic theories and models · Economic Theory and Policy · Income, Poverty, and Inequality · Mathematics

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  • Income Inequality in the United States

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  • Taxation and the Allocation of Talent

    Benjamin B Lockwood, Benjamin Lockwood et al.•Journal of Political Economy•2017

Citações por ano1
Intervalo de citações2025 - 2025 (1)
Altamente citadoNão

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