Contemporary Economics: An Applications Approach by Robert Carbaugh

Author:Robert Carbaugh
Language: eng
Format: epub
Publisher: Taylor & Francis
Published: 2017-04-16T04:00:00+00:00

Notes

1. Margaret Jacobson and Filippo Occhino, “Labor’s Declining Share of Income and Rising Inequality,” Economic Commentary, Federal Reserve Bank of Cleveland, September 25, 2012.

2. Zanny Minton Beddoes, “For Richer, For Poorer,” The Economist, October 13, 2012, pp.3–24. See also Edward Wolff, Poverty and Income Distribution (Malden, MA: Wiley-Blackwell, 2009).

3. Edward Harris and Frank Sammartino, Trends in the Distribution of Household Income Between 1979 and 2007 (Washington, D.C.: Congressional Budget Office, October 2011).

4. The CBO’s definition of income includes labor income such as wages and salaries, business income, capital gains and capital income, and transfer income such as cash payments of Social Security, unemployment insurance, and the like.

5. Different perspectives concerning the U.S. tax system can be found at Center for Economic and Policy Research, Center on Budget and Policy Priorities, Joint Economic Committee on Taxation, Urban Institute-Brooking Tax Policy Center, Congressional Budget Office, American Enterprise Institute, and Cato Institute.

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