Comments and Discussion

摘要

Rebecca M. Blank~1 This paper by Jonathan Parker and Annette Vissing-Jorgensen is highly interesting. Its primary conclusion, that incomes have become markedly more cyclical at the very top of the income distribution in the past 25 years, is surprising and intriguing. The paper presents a new fact about the world that was not previously known, and this makes it likely that the paper will stimulate further research and debate.