Accounting for Income Changes over the Great Recession (2007-2010) Relative to Previous Recessions: The Importance of Taxes and Transfers

Support for this research from the Russell Sage Foundation is cordially acknowledged. In addition to these funds, Burkhauser over the past 12 months has received funding in excess of $5,000 from the National Institute on Disability and Rehabilitation Research and the Employment Policies Institute. In addition he received funding not in excess of $5,000 from: The American Enterprise Institute, The Brookings Institution, the Federal Reserve Board, and the Pew Charitable Trusts. In addition, Armour over the past 12 months has received funding in excess of $5,000 from the Disability Research Consortium, and funding not in excess of $5,000 from the Association for Convenience and Fuel Retailing. All opinions are those of the authors and should not be attributed to the Russell Sage Foundation, the Joint Committee on Taxation, any Member of Congress, or the National Bureau of Economic Research.