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Global inequality: How large is the effect of top incomes?

Vanesa Jorda and Miguel Niño-Zarazúa ()

No wp-2016-94, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: In this paper, we estimate the recent evolution of global interpersonal inequality and examine the effect of omitted top incomes on the level and direction of global inequality. We propose a methodology to estimate the truncation point of household surveys by combining information on income shares from household surveys and top income shares from tax data. The methodology relies on a flexible parametric functional form that models the income distribution for each country-year point under different assumptions on the omitted information at the right tail of the distribution.

Keywords: Equality and inequality; Income; Income distribution (search for similar items in EconPapers)
Date: 2016
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Journal Article: Global inequality: How large is the effect of top incomes? (2019) Downloads
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