The bottom half of the income distribution in the United States has been completely shut off from economic growth since the 1970s
Emmanuel Saez is professor of economics and director of the Center for Equitable Growth at the University of California, Berkeley. His research focuses on tax policy and inequality both from theoretical and empirical perspectives. Jointly with Thomas Piketty, he has constructed long-run historical series of income inequality in the United States that have been widely discussed in the public debate. He received his Ph.D. in economics from the Massachusetts Institute of Technology in 1999. He was awarded the John Bates Clark medal of the American Economic Association in 2009 and a MacArthur Fellowship in 2010.
New analysis by Emmanuel Saez looks at the effects of the 2013 federal income tax increase on the behavior of top income earners.
The top 1 percent income earners in the United States hit a new high last year, according to the latest data from the U.S. Internal Revenue Service.
Income inequality in the United States grew more acute in 2014, yet the bottom 99 percent of income earners registered the best real income growth (after factoring in inflation) in 15 years.
A new online survey of some 10,000 Americans’ reaction to growing income inequality offers novel insight into public perceptions of inequality and what—if anything— should be done about it.
There is no dispute that income inequality has been on the rise in the United States for the past four decades. The share of total income earned by the top […]