Conference on Measuring and Understanding the Distribution and Intra/Inter-Generational Mobility of Income and Wealth
Raj Chetty, John N. Friedman, Janet C. Gornick, Barry Johnson, and Arthur Kennickell, Organizers
March 5-6, 2020
Supported by the Stone Center for Socio-Economic Inequality at the CUNY Graduate Center, the Stone Project for Wealth and Income Inequality at Brown University, and Opportunity Insights
Hyatt Regency Bethesda, Cabinet/Judiciary Room, One Bethesda Metro Center, Bethesda, MD
| Thursday, March 5 | ||||
| FORMAT: Authors 18 minutes, followed by 2-3 minutes for clarifying questions before next paper. Discussants 5 minutes per paper. | ||||
| 8:00 am | Continental Breakfast and Registration | |||
| 8:30 am | Welcome | |||
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Session 1, Income and Wealth Mobility Chair: John N. Friedman, Brown University and NBER |
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| 8:40 am |
Bertrand Garbinti, CREST - IP Paris Frédérique Savignac, Banque de France Intergenerational Wealth Mobility in France over the 20th Century |
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| 9:00 am |
Marie Connolly, Université du Québec à Montréal Catherine Haeck, Université du Québec à Montréal Jean-William P. Laliberté, University of Calgary Parental Education Mitigates the Rising Transmission of Income between Generations |
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| 9:20 am |
Sam E. Asher, Imperial College London Paul Novosad, Dartmouth College Charlie Rafkin, U.C. Berkeley Comparable Rank-Based Measures of Intergenerational Educational Mobility |
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| 9:40 am |
Victoria L. Bryant, Internal Revenue Service Anne-Line Koch Helsø, University of Copenhagen Pablo Mitnik, University of Michigan Inequality of Opportunity for Income in Denmark and the United States: A Comparison Based on Administrative Data
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| 10:30 am | Break | |||
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Session 2, Mitigating Inequality Chair: Jesse Bricker, Federal Reserve Board |
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| 10:50 am |
Randall Akee, University of California, Los Angeles and NBER Maggie R. Jones, U.S. Census Bureau Emilia Simeonova, Johns Hopkins University and NBER The EITC and Intergenerational Income Mobility |
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| 11:10 am |
James J. Feigenbaum, Boston University and NBER Price V. Fishback, University of Arizona and NBER Keoka Grayson, Hobart and William Smith College Inequality and the Safety Net Throughout the Income Distribution, 1929-1940 |
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| 11:30 am |
Sarah K. Bruch, University of Delaware Janet C. Gornick, City University of New York Joseph van der Naald, Graduate Center, CUNY Geographic Inequality in Social Provision and Redistribution in the U.S. States
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| 12:15 pm |
Lunch (Terrace) Keynote Speaker: James Poterba, Massachusetts Institute of Technology and NBERl (slides) Chair: Barry Johnson, Internal Revenue Service |
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Session 3, Income Inequality and Administrative Data Chair: Raj Chetty, Harvard University and NBER |
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| 1:30 pm |
John Guyton, Internal Revenue Service Patrick Langetieg, Internal Revenue Service Daniel Reck, University of Maryland and NBER Max Risch, Carnegie Mellon University Gabriel Zucman, University of California, Berkeley and NBER Tax Evasion by the Wealthy: Measurement and Implications |
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| 1:50 pm |
Jeff Larrimore, Federal Reserve Board Jake Mortenson, Joint Committee on Taxation David Splinter, Joint Committee on Taxation Presence and Persistence of Poverty in U.S. Tax Data |
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| 2:10 pm |
Patrick Langetieg, Internal Revenue Service Carla Medalia, U.S. Census Bureau Bruce D. Meyer, University of Chicago and NBER Mark Payne, Internal Revenue Service Alan Plumley, Internal Revenue Service Derek Wu, University of Virginia Grace Finley, Harvard University The Receipt and Distributional Effects of Transfers and Tax Credits Using the Comprehensive Income Dataset |
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| 2:30 pm |
Dominic Webber, UK Office for National Statistics Richard P. Tonkin, United Nations Statistics Division Martin Shine Using Tax Data to Better Capture Top Incomes in Official UK Inequality Statistics
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| 3:20 pm | Break | |||
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Session 4, Decomposing the Wealth Distribution Chair: Catherine Haeck, Université du Québec à Montréal |
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| 3:40 pm |
Merike Kukk, Tallinn University of Technology Jaanika Meriküll, Bank of Estonia Tairi Rõõm, Bank of Estonia What Explains the Gender Gap in Wealth? Evidence from Administrative Data |
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| 4:00 pm |
Jonathan D. Fisher, Washington Center for Equitable Growth David Johnson, National Academies of Sciences, Engineering and Medicine Inequality and Mobility over the Past Half Century using Income, Consumption and Wealth |
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| 4:20 pm |
William Gale, Brookings Institution Benjamin Harris, Brookings Institution Changing Wealth Accumulation Patterns: Evidence and Determinants |
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| 4:40 pm |
Pirmin Fessler, Oesterreichische Nationalbank Martin Schürz, Oesterreichische Nationalbank Structuring the Analysis of Wealth Inequality using the Functions of Wealth: A Class Based Approach
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| 5:30 pm |
CRIW Membership Meeting Katharine Abraham, University of Maryland and NBER |
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| Friday, March 6 | ||||
| 8:00 am | Continental Breakfast | |||
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Session 5, Labor Income and Inequality Chair: Tairi Rõõm, Bank of Estonia |
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| 8:30 am |
John C. Haltiwanger, University of Maryland and NBER James Spletzer, U.S. Census Bureau, retired Rising Between Firm Inequality and Declining Labor Market Fluidity: Evidence of a Changing Job Ladder |
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| 8:50 am |
John M. Abowd, Cornell University and NBER Kevin McKinney, U.S. Census Bureau John Sabelhaus, Brookings Institution United States Earnings Dynamics: Inequality, Mobility, and Volatility |
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| 9:10 am |
Janet C. Gornick, City University of New York Branko Milanovic, City University of New York Nathaniel Johnson, City University of New York American Exceptionalism in Market Income Inequality: Inequality across Household Types |
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| 9:30 am |
John Sabelhaus, Brookings Institution Alice Henriques Volz, Federal Reserve Board Social Security Wealth, Inequality, and Lifecycle Saving
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| 10:20 am | Break | |||
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Session 6, Wealth Inequality and Administrative Data Chair: Arthur Kennickell, Stone Center, CUNY Graduate Center |
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| 10:35 am |
Paolo Acciari, Italian Ministry of Economy and Finance Facundo Alvaredo, Paris School of Economics Salvatore Morelli, University of Roma Tre The Concentration of Personal Wealth in Italy: 1995-2016 |
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| 10:55 am |
Isabel Z. Martinez, ETH Zurich In It Together? Inequality and the Joint Distribution of Income and Wealth in Switzerland |
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| 11:15 am |
Facundo Alvaredo, Paris School of Economics Yonatan Berman, King's College London Salvatore Morelli, University of Roma Tre On the Distribution of Estates and the Distribution of Wealth: Evidence from the Dead
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| 12:00 pm | Pick up boxed Lunch | |||
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Session 7, Distributional National Accounts Chair: Janet C. Gornick, City University of New York |
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| 12:10 pm |
Dennis Fixler, Bureau of Economic Analysis Marina Gindelsky, Bureau of Economic Analysis David Johnson, National Academies of Sciences, Engineering and Medicine Distributing Personal Income: Trends Over Time |
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| 12:30 pm |
Richard P. Tonkin, United Nations Statistics Division Sean White, UK Office for National Statistics Sofiya Stoyanova, UK Office for National Statistics Aly Youssef, UK Office for National Statistics Sunny Sidhu, UK Office for National Statistics Chris S. Payne, UK Office for National Statistics Developing Indicators of Inequality and Poverty Consistent with National Accounts |
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| 12:50 pm |
Michael Batty, Federal Reserve Board Jesse Bricker, Federal Reserve Board Joseph S. Briggs, Goldman Sachs Sarah Friedman, Federal Reserve Board Danielle Nemschoff, University of Chicago Eric Nielsen, Federal Reserve Board Kamila Sommer, Federal Reserve Board Alice Henriques Volz, Federal Reserve Board The Distributional Financial Accounts of the United States |
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| 1:10 pm |
Stefan Bach, DIW Berlin Charlotte Bartels, DIW Berlin Theresa Neef, DIW Berlin, EU Tax Observatory Distributional National Accounts: A Macro-Micro Approach to Inequality in Germany
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| 2:00 pm | Adjourn | |||