IDEAS home Printed from https://ideas.repec.org/p/hal/wpaper/hal-04477732.html
   My bibliography  Save this paper

What is driving wealth inequality in the United States of America? the role of productivity, taxation and skills

Author

Listed:
  • Ekkehard, Ernst
  • François, Langot

    (PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

  • Rossana, Merola
  • Fabien, Tripier

Abstract

Out of four major structural changes affecting the US economy – namely a rising share of skilled workers, skill-biased technological change, decreasing progressiveness of taxation and productivity slowdown – we show that the decline in productivity growth not only is the main driver of the widening wealth disparities observed in the United States of America over the past few decades, but is also the only mechanism that can explain inequalities both within and between skill groups.

Suggested Citation

  • Ekkehard, Ernst & François, Langot & Rossana, Merola & Fabien, Tripier, 2024. "What is driving wealth inequality in the United States of America? the role of productivity, taxation and skills," Working Papers hal-04477732, HAL.
    • Handle: RePEc:hal:wpaper:hal-04477732
    DOI: 10.54394/ahfp2990
    Note: View the original document on HAL open archive server: https://hal.science/hal-04477732
    as

    Download full text from publisher

    File URL: https://hal.science/hal-04477732/document
    Download Restriction: no
    File URL: https://libkey.io/10.54394/ahfp2990?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:wpaper:hal-04477732. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.