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This chapter describes the UK income distribution and how it has evolved over the last 50 years. It also includes some … comparisons with the income distributions of other rich countries. Multiple perspectives on the distribution are provided: there … is evidence about real income levels and inequality, and the prevalence of affluence and of poverty. …
Persistent link: https://www.econbiz.de/10011418989
This article assesses two secondary data compilations about income inequality - the World Income Inequality Database … (WIIDv2c), and the Standardized World Income Inequality Database (SWIIDv4.0) which is based on WIID but with all observations …
Persistent link: https://www.econbiz.de/10011419013
Survey under-coverage of top incomes leads to bias in survey-based estimates of overall income inequality. Using income …'s pioneering "SPI adjustment" method that implements this idea. Since 1992, the principal income distribution series (reported … annually in Households Below Average Income) has been based on household survey data in which the incomes of a small number of …
Persistent link: https://www.econbiz.de/10012028770
Estimates of UK income inequality trends differ substantially according to whether estimates are based on household … marked increase in income inequality in the early 2000s that survey-based estimates do not reveal, and our conclusions are … robust to changes in the definitions of income, income-sharing unit, and summary inequality measure. In addition, our …
Persistent link: https://www.econbiz.de/10011690327
I determine UK income inequality levels and trends by combining inequality estimates from tax return data (for the … data (which I demonstrate) and creating income variables in the survey data with the same definitions as in the tax data to … enhance comparability. For top income recipients, I estimate inequality and mean income by fitting Pareto models to the tax …
Persistent link: https://www.econbiz.de/10011690331
aspects relevant to analysis of the distribution of household income. I discuss BHPS design features and how data on net … household income are derived. The BHPS net household income definition is modelled on that used in Britain's official personal … income distribution statistics (Households Below Average Income, HBAI). I show that cross-sectional BHPS distributions track …
Persistent link: https://www.econbiz.de/10010288923
This paper compares consumption and income as measures of households' living standards using UK data. It presents … evidence that income is likely to be under-recorded for households with low resources. It describes the different impressions … an imputed income from housing, rather than near-cash income. It describes what different impressions one gets about the …
Persistent link: https://www.econbiz.de/10010288991