It is a question of income. The increase in the global inequality of income distribution has to do with the global distribution of property and property rights. At present the richest 1% of the world’s population has income equal to that of the bottom 57%, in other words, ca. 50 million wealthy people have the same amount of money at their disposal as 2.7 billion poor. The top 10% of the U.S. p...

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 increased since the mid 1990s. The top 0.01% income share in Spain estimated from income tax data is comparab...

Based on tax records data from Ecuador, we analyse gender differences in top income groups 2008 to 2017. Ecuador represents an interesting case as it shares many trends with other countries the region terms of women’s status labour market. While observe a significant increase share women at distribution during this period, remain underrepresented groups, 38.7 per cent 10 group and 22.8 0.1 grou...

This paper estimates the dynamic effects of marginal tax rate changes on income reported on tax returns in the United States over the 1950-2010 period. After isolating exogenous variation in average marginal tax rates in structural vector autoregressions using a narrative identification approach, I find large positive effects in the top 1% of the income distribution. In contrast to earlier find...

Social scientists and philosophers have been concerned with issues surrounding the distribution of income or income inequality for over 200 years—the economist and philosopher Adam Smith discussed these issues as early as 1776. Academic writers have been writing on income inequality measurement issues for at least a century. Policy makers have also long been interested in income inequality issu...