The share of income held by the top 1 percent in many countries around the world has been rising persistently over the last 30 years. But we continue to know little about how the rising top income shares affect human well-being. This study combines the latest data to examine the relationship...

There is a growing concern within the social science community over the economic and social implications of the persistent rise in top income shares in the United States and in most other rich countries around the world over the last three decades. Although much of the recent economic research...