Top Incomes Evolution.pdf

saez-UStopincomes-2011.pdf
Preview of Top Incomes Evolution
🔗 Source: elsa.berkeley.edu
📊 Size: 291 KB
👤 Author: Emmanuel Saez
⬇️ Downloads: 82

Summary

Average real income per family in the US declined by 17.4% from 2007 to 2009, with top percentile income falling 36.3% and bottom 99% income falling 11.6%. The top 1% captured 121% of income gains from 2009 to 2011, while bottom 99% incomes shrunk 0.4%. Top decile income share, excluding realized capital gains, reached 46.5% in 2011, the highest since 1917. Income concentration is unlikely to fall much in coming years due to modest policy changes.

Description

Average real income per family in the US declined by 17.4% from 2007 to 2009, with top percentile income falling 36.3% and bottom 99% income falling 11.6%.

Technical Information

  • File Format: PDF
  • File Size: 291 KB
  • Pages: 10
  • Language: EN
  • Author: Emmanuel Saez
  • Total Downloads: 82
  • Last Updated: 9 hours ago

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