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1. TAX POLICY AND INCOME INEQUALITY IN THE UNITED STATES, 1979-2007.

Author

Bargain, Olivier, Dolls, Mathias, Immervoll, Herwig, Neumann, Dirk, Peichl, Andreas, Pestel, Nico, and Siegloch, Sebastian

Subjects
*FISCAL policy, *INCOME inequality, *TAXATION, *HISTORY, *ECONOMIC history
Abstract

This paper assesses the effects of U.S. tax policy reforms on inequality over around three decades, from 1979 to 2007. It applies a new method for decomposing changes in government redistribution into (1) a direct policy effect resulting from policy changes and (2) the effects of changing market incomes. Over the period as a whole, the tax policy changes increased income inequality by pushing up the income share of high-income earners (the top 20%). ( JEL H23, H31, H53, P16) [ABSTRACT FROM AUTHOR]

Published
2015
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2. Public Home for the Papers of the City’s Fiscal Savior.

Author

LELAND, JOHN

Subjects
*FINANCIAL crises, *HISTORY, *TWENTIETH century, *ECONOMIC history
Abstract

The article reports on the documents from the financial crisis in New York City in 1970s which shows the effort of investment banker Felix G. Rohatyn to rescue and aid the New York Stock Exchange and the city, which would be displayed at the Patricia D. Klingenstein Library.

Published
2016