AEA Papers and Proceedings
ISSN 2574-0768 (Print) | ISSN 2574-0776 (Online)
Simplified Distributional National Accounts
AEA Papers and Proceedings
vol. 109,
May 2019
(pp. 289–95)
Abstract
This paper develops a simplified methodology to distribute total national income across income groups that reproduces closely the sophisticated methodology of Piketty, Saez, and Zucman (2018). It starts from top income share series based on fiscal income of Piketty and Saez (2003) and makes two basic assumptions on how national income components not included in fiscal income are distributed: (1) nontaxable labor income and capital income from pension funds are distributed like taxable labor income; (2) other nontaxable capital income is distributed like taxable capital income. This methodology could be applied to countries with less data.Citation
Piketty, Thomas, Emmanuel Saez, and Gabriel Zucman. 2019. "Simplified Distributional National Accounts." AEA Papers and Proceedings, 109: 289–95. DOI: 10.1257/pandp.20191035Additional Materials
JEL Classification
- D31 Personal Income, Wealth, and Their Distributions
- E01 Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts