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To measure income inequality with right censored (topcoded) data, we propose multiple imputation for censored observations using draws from Generalized Beta of the Second Kind distributions to provide partially synthetic datasets analyzed using complete data methods. Estimation and inference...
Persistent link: https://www.econbiz.de/10003810324
Estimates of UK income inequality trends differ substantially according to whether estimates are based on household survey data (used for official statistics) or tax return data (used in the top incomes literature). We reconcile differences in variable definitions and combine survey and tax...
Persistent link: https://www.econbiz.de/10011452217
UK official statistics on income distribution have incorporated top-income adjustments to household survey data since 1992. This article reviews the work undertaken by the Department for Work and Pensions and the Office for National Statistics, and the academic research that influenced them, and...
Persistent link: https://www.econbiz.de/10012800569
I focus on one of the most-commonly-cited 'facts'; about UK income inequality - that it has changed little over the last 30 years - and reflect on how robust that description is. I look at a number of fundamental issues in inequality measurement related to inequality concepts (e.g., inequality...
Persistent link: https://www.econbiz.de/10012804418
Meijer, Rohwedder, and Wansbeek (MRW, Journal of Business & Economic Statistics, 2012) develop methods for prediction of a single earnings figure per worker from mixture factor models fitted using earnings data from multiple linked data sources. MRW apply their method using parameter estimates...
Persistent link: https://www.econbiz.de/10012485862
distribution. We combine the benefits of the two data sources and develop an integrated approach for top-corrected Gini …
Persistent link: https://www.econbiz.de/10011613157
The socio-economic mosaic of urban neighbourhoods changes under the influence of three distinctive distributional processes: reordering of the socio-economic position of urban neighbourhoods; changing levels of inequality between neighbourhoods; and an overall growth or decline in income levels...
Persistent link: https://www.econbiz.de/10011925327
Kapteyn and Ypma (Journal of Labour Economics 2007) is an influential study of errors in survey and administrative data on employment earnings. To fit their mixture models, Kapteyn and Ypma assume a specific fraction of their sample have error-free earnings. Using a new UK dataset, we assess the...
Persistent link: https://www.econbiz.de/10012207549
, primarily during the 2000s, when the global Gini coefficient dropped nearly 10 points and the earnings share of the world …
Persistent link: https://www.econbiz.de/10011647672
In this paper it is argued that subjective well-being of the individual depends on two types of variables. The first type consists of characteristics of the individual himself, such as age, health, income, etc. The second type of variables consists of the characteristics of the individuals...
Persistent link: https://www.econbiz.de/10003937883