INCOME DISTRIBUTION:
The Growing Gap between Rich and Poor*

By Kenneth L. Judd

Hoover fellow Kenneth L. Judd believes that income inequality in the United States has been growing for two decades—and argues that we ain't seen nothin' yet. Why the gap will widen—and what can be done about it.

*This article is available only in the print edition of the Hoover Digest. Click here to request a free issue.

Kenneth L. Judd is the Paul H. Bauer Senior Fellow at the Hoover Institution. He is an expert in the economies of taxation, imperfect competition, and mathematical economies. His current research focuses on tax policy and antitrust issues, as well as developing computational methods for economic modeling. A fellow of the Econometric Society, he is co-editor of the Journal of Economic Dynamics and Control, associate editor of the Economics Bulletin, and associate editor of Computational Economics.