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dc.contributor.authorBurkhauser, Richard V.en_US
dc.contributor.authorFeng, Shuaizhangen_US
dc.contributor.authorJenkins, Stephen P.en_US
dc.contributor.authorLarrimore, Jeffen_US
dc.description.abstractAlthough the majority of research on US income inequality trends is based on public-use March CPS data, a new wave of research using IRS tax return data reports substantially higher levels of inequality and faster growing trends. We show that these apparently inconsistent estimates are largely reconciled if the inequality measure and the income distribution are defined in the same way. Using internal CPS data for 1967-2006, we closely match IRS data-based estimates of top income shares reported by Piketty and Saez (2003). Our results imply that any inequality increases since 1993 are concentrated among the top 1 percent of the distribution.en_US
dc.publisherInstitute for the Study of Labor (IZA) Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 4426en_US
dc.subject.keywordUS income inequalityen_US
dc.subject.keywordtop income sharesen_US
dc.subject.keywordMarch CPSen_US
dc.subject.keywordIRS tax return dataen_US
dc.subject.stwSoziale Ungleichheiten_US
dc.titleRecent trends in top income shares in the USA: reconciling estimates from march CPS and IRS tax return dataen_US
dc.typeWorking Paperen_US
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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