The challenge of measuring UK wealth inequality in the 2000s
Anthony Atkinson,
Facundo Alvaredo () and
Salvatore Morelli
No 10810, CEPR Discussion Papers from C.E.P.R. Discussion Papers
Abstract:
The concentration of personal wealth is now receiving a great deal of attention ? after having been neglected for many years. One reason is the growing recognition that, in seeking explanations for rising income inequality, we need to look not only at wages and earned income but also at income from capital, particularly at the top of the distribution. In this paper, we use evidence from existing data sources to attempt to answer three questions: (i) what is the share of total personal wealth that is owned by the top 1 per cent, or the top 0.1 per cent? (ii) is wealth much more unequally distributed than income? (iii) is the concentration of wealth at the top increasing over time? The main conclusion of the paper is that the evidence about the UK concentration of wealth post-2000 is seriously incomplete and significant investment is necessary if we are to provide satisfactory answers to the three questions.
Keywords: Inequality; Wealth; United kingdom (search for similar items in EconPapers)
JEL-codes: D3 H2 (search for similar items in EconPapers)
Date: 2015-09
New Economics Papers: this item is included in nep-eur, nep-lma, nep-ltv and nep-pbe
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)
Downloads: (external link)
https://cepr.org/publications/DP10810 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org
Related works:
Journal Article: The Challenge of Measuring UK Wealth Inequality in the 2000s (2016)
Working Paper: The challenge of measuring UK wealth inequality in the 2000s (2016)
Working Paper: The Challenge of Measuring UK Wealth Inequality in the 2000s (2016)
Working Paper: The Challenge of Measuring UK Wealth Inequality in the 2000s (2016)
Working Paper: The Challenge of Measuring UK Wealth Inequality in the 2000s (2015)
Working Paper: The challenge of measuring UK wealth inequality in the 2000s (2015)
Working Paper: The Challenge of Measuring UK Wealth Inequality in the 2000s (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:10810
Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP10810
Access Statistics for this paper
More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().