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We examine shifts in British income inequality and their causes between 1911 and 1949. Newly re-discovered Inland Revenue 1911 estimates and more detailed data from subsequent official income distribution enquiries are used to show that income was substantially more concentrated at the top of...
Persistent link: https://www.econbiz.de/10014110853
Persistent link: https://www.econbiz.de/10012655244
components using yearly UK data covering 1977-2018. We examine cash and in-kind benefits, and direct and indirect taxes. In … effects of direct and indirect taxes are mostly associated with changes in progressivity. For in-kind benefits, changes in the …
Persistent link: https://www.econbiz.de/10012697297
is likely to be on indirect taxes, as these are already harmonized at the EU level. In addition, the applicable rules in …
Persistent link: https://www.econbiz.de/10012829042
The article describes the revenue estimates of incremental versus fundamental reform options for taxation of individual wealth, and explains how tax avoidance assumptions underlie the larger estimates for fundamental reform
Persistent link: https://www.econbiz.de/10014091534
Average real UK household income has almost doubled over the past forty years. With four decades of micro-data on household incomes, and relatively simple decomposition methods, we document the contribution to this growth in the mean net household income of working-age households from different...
Persistent link: https://www.econbiz.de/10009528831
Outside the US, little is known of long-run trends in executive compensation. We fill this gap by studying BHP, a resources giant that has long been one of the largest companies on the Australian stock market. From 1887 to 2013, trends in CEO and director remuneration (relative to average...
Persistent link: https://www.econbiz.de/10009766261
This paper reviews the long run developments in the distribution of personal income and wealth. It also discusses suggested explanations for the observed patterns. We try to answer questions such as: What do we know, and how do we know, about the distribution of income and wealth over time? Are...
Persistent link: https://www.econbiz.de/10010350843
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...
Persistent link: https://www.econbiz.de/10010477878
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...
Persistent link: https://www.econbiz.de/10010481689