Journal of Public Economics · 2022 · Thomas Blanchet、Emmanuel Saez、Gabriel Zucman
Abstract
This paper constructs monthly distributions of national income for the United States. We develop a methodology to disaggregate annual distributions and project monthly changes in a timely manner by combining high-frequency public data sources. This allows us to estimate growth by social groups as soon as quarterly macroeconomic growth numbers are released, and to track the distributional impacts of government policies during and in the aftermath of recessions in real time. We test and validate our methodology by implementing it retrospectively back to 1976. Estimates are available at https://realtimeinequality.org.