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Income Distribution Workshop

Measures of income distributions and income inequality date back to at least the seminal work of Corrado Gini and have long been an important topic. Recent changes in the income distribution have become increasingly of interest in the popular press. Economists have long sought to examine both the causes and the consequences of changes in income distributions in the economy.

This workshop features research that attempts to understand various aspects of the income distribution.

  • How does the income distribution vary over time, over individuals' lifetimes, and across generations?
  • How do sources of risk, labor market conditions, geographic location, and educational attainment decisions impact the income distribution?
  • How are individuals themselves impacted by the income distribution?

By bringing together leading researchers in the field to address these topics and more, the workshop aims to bring attention to the most important issues researchers are studying related to the income distribution, as well as to the challenges and opportunities they face in doing so.

There is no cost to attend this workshop.

Co-Sponsors: Federal Reserve Bank of Cleveland and University of Kentucky

Day One — Friday, February 28, 2014

11:30 - 12:15 pm Guided Tour of the Bank
RSVP needed.
Noon - 12:30 pm Registration
12:30 - 1:30 pm Lunch
1:30 - 2:30 pm Daniel Carroll, Federal Reserve Bank of Cleveland
Voting over Inequality: A Preliminary Quantitative Investigation
2:45 - 3:45 pm Serdar Ozkan, Federal Reserve Board
A User's Guide to Idiosyncratic Labor Income Risk: An Analysis of 200 Million Observations from Social Security Records
4:00 - 5:00 pm Chris Taber, University of Wisconsin-Madison
Estimation of a Roy/Search/Compensating Differential Model of the Labor Market
5:00 - 5:45 pm Reception
6:00 - 8:00 pm Dinner
Mark Huggett, Georgetown University
Macroeconomics and Distribution: A Perspective

Saturday, March 1

8:00 - 8:30 am Full Breakfast
8:30 - 9:30 am Gary Solon, Michigan State University
Wage Adjustment in the Great Recession
9:45 - 10:45 am Bhash Mazumder, Federal Reserve Bank of Chicago
Intergenerational Mobility Curves and Social Welfare
11:00 am - Noon Phillip Levine, Wellesley College
Income Inequality and the Decision to Drop Out of High School
Noon - 1:00 pm Lunch
1:00 - 2:00 pm Jim Ziliak, University of Kentucky
Trouble in the Tails? Earnings Nonresponse and Response Bias across the Distribution Using Matched Household and Administrative Data
2:00 pm Adjourn
2:15 pm Visit the Rock N Roll Hall of Fame
At conclusion of workshop. RSVP needed and $22/person paid at registration desk.

When and where

February 28 – March 1, 2014 

Federal Reserve Bank of Cleveland
1455 East 6th Street
Cleveland, OH 44114-2597
Please use the Superior Avenue entrance