Investigating Inclusive Income Growth with LIS Data
Zachary Parolin (Bocconi University, Milan & Center on Poverty and Social Policy at Columbia University, New York) and Janet C. Gornick (Stone Center on Socio-Economic Inequality, The Graduate Center, CUNY)
In a new study, published in the American Sociological Review, Parolin and Gornick attempt to adjudicate different perspectives on inclusive growth and identify the levels and sources of inclusive income growth across eight high-income countries from the 1980s to 2010s. The authors introduce a methodological framework that allows to measure the additive contribution of changes in taxes, transfers, composition, and other factors including market institutions in shaping income growth at each point along an income distribution.
Full article is available here.