Arbeitspapier

What Has Been Happening to UK Income Inequality since the Mid-1990s? Answers from Reconciled and Combined Household Survey and Tax Return Data

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 return data in order to take advantage of the much better coverage of 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 robust to changes in the definitions of income, income-sharing unit, and summary inequality measure. In addition, our reconciled and combined data provide more comparable estimates of UK-US inequality trends than the top incomes literature to date.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 9718

Klassifikation
Wirtschaft
Personal Income, Wealth, and Their Distributions
Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
Thema
inequality
income inequality
top income shares
HBAI
SPI
top incomes
tax return data
survey data

Ereignis
Geistige Schöpfung
(wer)
Burkhauser, Richard V.
Herault, Nicolas
Jenkins, Stephen P.
Wilkins, Roger
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2016

Handle
Letzte Aktualisierung
12.07.2024, 13:20 MESZ

Objekttyp

  • Arbeitspapier

Beteiligte

  • Burkhauser, Richard V.
  • Herault, Nicolas
  • Jenkins, Stephen P.
  • Wilkins, Roger
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2016

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