Moritz Kuhn
@kuhnmo
Professor of Economics @EconUniMannheim. Director Macro Inequality Lab. Research Fellow @cepr_org , @iza_bonn & @CESifoGroup. Private account=private opinions
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Modern macroeconomics increasingly studies economies with heterogeneous households. In these models, aggregate dynamics depend on the distribution of individual states across economic agents.
But economic theory has moved ahead of economic measurement.
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The data come from our paper "Distributional Dynamics," where we develop a general method to estimate the dynamics of multidimensional distributions over time.
Paper:
Dedicated project webpage with all results:
More background👇
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🆕New data product from the Macro Inequality Lab! From our new paper "Distributional Dynamics" w/ @christianbaye13 & Luis Calderon: quarterly data on the JOINT distribution of U.S. consumption, income & wealth, 1962–2024.
Details in thread 👇
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The starting point is our paper “Income and Wealth Inequality in the United States: An Update Including the 2022 Wave,” which provides a comprehensive look at these questions using the SCF.
Paper:
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The idea is simple: make the facts on U.S. inequality easy to find and use.
How unequal are earnings, income, and wealth? How has inequality changed over time? How does it vary by age, education, employment, or family structure? Why do households save? 2/7
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🆕News thread:
We have been working on something new at the Macro Inequality Lab:
A public resource on income and wealth inequality in the U.S., based on the work with José-Víctor Ríos-Rull using the Survey of Consumer Finances.
It is now online!
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