Accounting for changes in income inequality: Decomposition analyses for Great Britain, 1968 - 2009
We analyse income inequality in Great Britain over the period 1968-2009 in order to understand why income inequality rose very rapidly over the period 1978-91 and then stopped rising. We find that earnings inequality has risen fairly steadily since 1978, but other factors that caused inequality to rise in 1978-91 have since reversed. Inequality in investment and pension income has fallen since 1991, as has inequality between those with and without employment. Furthermore, certain household types - notably the elderly and those with young children - which had relatively low incomes in 1978-91 have seen their incomes converge with others.
Year of publication: |
2012
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Authors: | Brewer, Mike ; Wren-Lewis, Liam |
Publisher: |
Colchester : University of Essex, Institute for Social and Economic Research (ISER) |
Saved in:
freely available
Series: | ISER Working Paper Series ; 2012-17 |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Other identifiers: | 723749469 [GVK] hdl:10419/65916 [Handle] |
Source: |
Persistent link: https://www.econbiz.de/10010288909
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