Inequality
External Paper/Article
FEDS Notes
Improving the Measure of the Distribution of Personal Income
tanya.shen
Wed, 02/06/2019 - 11:16
Working Paper
Developing a national account-based measure of the distribution of income from the commonly used Census based concept of money income has been the subject of earlier research. We use publicly available survey and administrative data to construct a distribution of personal income after enhancing the top income distribution in the Current Population Survey (2007 and 2012). We show that inequality measures are fairly sensitive to the definition of income contemporaneously and across time. This work helps bridge the gap between micro data and macro statistics and informs about results from other studies, such as Piketty et al. (2018).
Working Paper ID
WP2019-1
Off
D31
E01