New Books in Economics cover image

Ran Abramitzky and Leah Boustan, "Streets of Gold: America's Untold Story of Immigrant Success" (Public Affairs, 2022)

New Books in Economics

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How Did You Figure Out How Rich Someone Was?

Not until 19 forty did the census ask about individual income. We don't have that kind of within occupation, a, within age variation that we would get later in the century. But we can kind of dumb down the newer data to see what things would look like if we used this sort of occupation based income prediction. And we get very similar patterns, whether we have real income data or occupation based proxy.

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