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Persistent link: https://www.econbiz.de/10012086878
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...
Persistent link: https://www.econbiz.de/10011427215
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...
Persistent link: https://www.econbiz.de/10011920615
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/10012028770
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/10011690327
Persistent link: https://www.econbiz.de/10011696656
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/10011744580
The share of women in the top 1% of the UK's income distribution has been growing over the last two decades (as in several other countries). Our first contribution is to account for this secular change using regressions of the probability of being in the top 1%, fitted separately for men and...
Persistent link: https://www.econbiz.de/10012270037
The COVID-19 pandemic and the associated government mandated shutdowns caused a historic shock to the U.S. economy and a disproportionate job loss concentrated among the working class. While an unprecedented social safety net policy response successfully offset earnings loses among lower-wage...
Persistent link: https://www.econbiz.de/10012498067
The promise of empirical evidence to inform policy makers about their population's health, wealth, employment and economic well being has propelled governments to invest in the harmonization of country specific micro data over the last 25 years. We review the major data harmonization projects...
Persistent link: https://www.econbiz.de/10004963723