Source: Song, Price, Guvenen, and Bloom (2015). Rise in Earnings Inequality Mirrored in Rise in Pay Inequality Across Employers. Even Within the Top 1% the Gap Between 99.99th Percentile and 99.01th Percentile Grew By Similar Amounts for Individuals and Average Firm Pay.
Are Idiosyncratic Income Shocks Lognormal? (Guvenen, Karahan, Ozkan, Song, 2014)
Average Growth in Log Earnings Over the Life Cycle, By Percentiles of Lifetime Income Distribution (Source: Guvenen, Karahan, Ozkan, Song, 2014)