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This paper presents an analysis of the trends in inequality across income, earnings and consumption in Britain since 1978. It documents the episodic nature of inequality growth over this period largely dominated by the inequality 'boom' in earnings inequality of the 1980s. It builds a consistent...
Persistent link: https://www.econbiz.de/10008487514
Using data from the Living Costs and Food Survey in the UK over 1978-2009 we document that households with extremely low measured income (below 10% of median income) on average spend much more than those with merely moderately low income (those below 50% of median income): in short, the graph of...
Persistent link: https://www.econbiz.de/10010701750
Persistent link: https://www.econbiz.de/10005172007
Persistent link: https://www.econbiz.de/10007421106