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I determine UK income inequality levels and trends by combining inequality estimates from tax return data (for the 'rich') and household survey data (for the 'non-rich'), taking advantage of the better coverage of top incomes in tax return data (which I demonstrate) and creating income variables...
Persistent link: https://www.econbiz.de/10011521081
Persistent link: https://www.econbiz.de/10011524692
We model annual low pay transition probabilities taking account of three potentially endogenous selections: two sample drop-out mechanisms (panel attrition, non-employment) and "initial conditions" (base-year low pay status). This model, and variants that ignore one or more of these selection...
Persistent link: https://www.econbiz.de/10011449938
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
Survey under-coverage of top incomes leads to bias in survey-based estimates of overall income inequality. Using income tax record data in combination with survey data is a potential approach to address the problem; we consider here the UK's pioneering 'SPI adjustment' method that implements...
Persistent link: https://www.econbiz.de/10011703644
Tony Atkinson is universally celebrated for his outstanding contributions to the measurement and analysis of inequality, but he never saw the study of inequality as a separate branch of economics. He was an economist in the classical sense, rejecting any sub-field labelling of his interests and...
Persistent link: https://www.econbiz.de/10011703653
Persistent link: https://www.econbiz.de/10012031252
I determine UK income inequality levels and trends by combining inequality estimates from tax return data (for the "rich") and household survey data (for the "non-rich"), taking advantage of the better coverage of top incomes in tax return data (which I demonstrate) and creating income variables...
Persistent link: https://www.econbiz.de/10011533854
Persistent link: https://www.econbiz.de/10011299854
The year-on-year job change rate fell sharply, from 18% in 2005 to around 13% in 2006, according to British Household Panel Survey (BHPS) estimates. This fall coincides with the introduction of dependent interviewing to the BHPS, intended to reduce measurement error and improve consistency....
Persistent link: https://www.econbiz.de/10012226599