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The top 1 percent income share has more than doubled in the United States over the last 30 years, drawing much public attention in recent years. While other English-speaking countries have also experienced sharp increases in the top 1 percent income share, many high-income countries such as...
Persistent link: https://www.econbiz.de/10010815800
The top 1 percent income share has more than doubled in the United States over the last thirty years, drawing much public attention in recent years. While other English speaking countries have also experienced sharp increases in the top 1 percent income share, many high‐income countries such...
Persistent link: https://www.econbiz.de/10010969440
This paper discusses the data limitations associated with the measurement of top incomes and inequality in the Middle East, with special emphasis to the case of Egypt. It has been noted that high inequality might have contributed to the Arab spring revolt movement. Some studies have argued...
Persistent link: https://www.econbiz.de/10011171781
This paper analyzes income and earnings concentration in Portugal from a long-run perspective using personal income and wage tax statistics. The results suggest that income concentration was much higher during the 1930s and early 1940s than it is today. Top income shares estimated from reported...
Persistent link: https://www.econbiz.de/10005066506
This paper presents series on top shares of income and wealth in Spain over the 20th century using personal income and wealth tax return statistics. Top income shares are highest in the 1930s, fall sharply during the first two decades of the Franco dictatorship, and have increased slightly since...
Persistent link: https://www.econbiz.de/10005667012
This paper presents series on top shares of income and wealth in Spain using personal income and wealth tax return statistics. Top income shares are highest in the 1930s, fall sharply during the first decade of the Franco dictatorship, then remain stable and low till the 1980s, and have...
Persistent link: https://www.econbiz.de/10008517889
We show that when the money demand function used to estimate the size of the shadow economy includes the lagged dependent variable, the need to assume a known initial condition reappears as it was the case in the early monetary methods.
Persistent link: https://www.econbiz.de/10005307626
When a very top group of the income distribution, infinitesimal in numbers, owns a finite share S of total income, the Gini coefficient G can be approximated by G*(1 - S) + S, where G* is the Gini coefficient for the rest of the population. We provide a simple formal proof for this...
Persistent link: https://www.econbiz.de/10008867037