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first estimates of top-corrected inequality trends for real equivalized disposable incomes over the years 1994-2015. We find …-corrected inequality estimates exist. The highest-income earners benefited the most during the post-socialist transformation: the annual …
Persistent link: https://www.econbiz.de/10012130457
how it affects estimates of overall income inequality. More generally, we assess whether the SPI adjustment is fit for …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 …
Persistent link: https://www.econbiz.de/10012028770
Estimates of UK income inequality trends differ substantially according to whether estimates are based on household … top incomes in the latter, and provide improved estimates of UK inequality trends since the mid-1990s. We show there was a … marked increase in income inequality in the early 2000s that survey-based estimates do not reveal, and our conclusions are …
Persistent link: https://www.econbiz.de/10011479236
UK official statistics on income distribution have incorporated top-income adjustments to household survey data since 1992. This article reviews the work undertaken by the Department for Work and Pensions and the Office for National Statistics, and the academic research that influenced them, and...
Persistent link: https://www.econbiz.de/10012800569
I focus on one of the most-commonly-cited 'facts'; about UK income inequality - that it has changed little over the … last 30 years - and reflect on how robust that description is. I look at a number of fundamental issues in inequality … measurement related to inequality concepts (e.g., inequality aversion, relative versus absolute inequality, and inequality of …
Persistent link: https://www.econbiz.de/10012804418
We show that a recent appendix to the Gini-coefficient to make the latter more sensitive to asymmetric income distributions can be viewed as an abstract measure of skewness. We develop some of its properties and apply it to the US-income distribution in 1974 and 2010.
Persistent link: https://www.econbiz.de/10011497895
income inequality using household survey data is 0.464 for 2016, and it jumps to 0.646 after including the samples of the top … incomes, which demonstrates the great importance of the top incomes in estimating income inequality. …
Persistent link: https://www.econbiz.de/10011962564
Understanding the exact connection between inequality and justice is important because justice is classically regarded … as the first line of defense against self-interest and inequality. Absent a strong and clear link between inequality and … justice, the sense of justice would not awaken to exert its moral suasion, no matter how great the inequality or how fast its …
Persistent link: https://www.econbiz.de/10011521090
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/10010402538
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/10010409796