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Divergence between the evolution of GDP per capita and the income of a ‘typical’ household as measured in household surveys is giving rise to a range of serious concerns, especially in the USA. This paper investigates the extent of that divergence and the factors that contribute to it across...
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This paper provides a novel assessment of how the World Inequality Database (WID) top income adjustment applied by … countries over 2003–2017 for Distributional National Accounts purposes affects inequality in equivalized gross and disposable … household income. On average, the Gini is increased by around 2.4 points for both gross and disposable income, with notable …
Persistent link: https://www.econbiz.de/10014365344
Divergence between the evolution of GDP per capita and the income of a 'typical' household as measured in household surveys is giving rise to a range of serious concerns, especially in the USA. This paper investigates the extent of that divergence and the factors that contribute to it across 27...
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