Kopczuk, Wojciech; Saez, Emmanuel; Song, Jae - In: The Quarterly Journal of Economics 125 (2010) 1, pp. 91-128
This paper uses Social Security Administration longitudinal earnings micro data since 1937 to analyze the evolution of inequality and mobility in the United States. Annual earnings inequality is U-shaped, decreasing sharply up to 1953 and increasing steadily afterward. Short-term earnings...