A Consistent Data Series to Evaluate Growth and Inequality in the National Accounts
利用人口普查局和劳工统计局数据,构建基于国民账户的个人收入分配指标,发现2000-2012年间该指标下的不平等程度低于传统货币收入指标,且趋势不同,强调研究不平等与增长关系时应采用国民账户收入度量。
Recent headlines frequently refer to rising inequality and its implication on economic growth and social welfare. Addressing the latter is difficult and requires more than simply looking at GDP, as Kuznets long ago pointed out. In this paper we focus on the importance of the income measure underlying the inequality measure when examining the relationship between GDP growth and inequality. We create a mapping using Census Bureau household survey data and Bureau of Labor Statistics (BLS) consumer expenditure data to create distributional measures of the Bureau of Economic Analysis (BEA) personal income. We show that for the period 2000‐2012, inequality using personal income is substantively lower than inequality measured using Census Bureau money income, and the trends in both inequality and median income are different. This demonstrates the importance of using a measure a national accounts based measure of income when examining the relationships between inequality and growth.