作者:University of Colorado System; University of Colorado Denver
作者:Federal Reserve System - USA
作者:Rutgers University System; Rutgers University New Brunswick
作者:Nazarbayev University
摘要:I utilize data from the Civil War income tax to calculate the income shares of the top 1 and 0.1 percent of the population in the United States in the late 1860sextending Thomas Piketty and Emmanuel Saez's series back in time. As we will see, income inequality during this period represents a low comparable to the late 1970s.
作者:University of Arizona
摘要:To estimate the impact of federal spending on state incomes, we develop an annual panel data set between 1930 and 1940. Using panel methods we estimate that an added dollar of federal spending in the state increased state per capita income by between 40 and 96 cents. The point estimates for nonfarm grants are higher and for AAA farm grants are much smaller and negative in some cases. The spending led to increase in durable good spending on automobiles but had no positive effects on private emp...
作者:Western University (University of Western Ontario)