The Challenge of Measuring UK Wealth Inequality in the 2000s

Autores
Gonzalez Alvaredo, Facundo; Atkinson, Anthony B.; Morelli, Salvatore
Año de publicación
2016
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
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 in a variety of sources is necessary if we are to provide satisfactory answers to the three questions.
Fil: Gonzalez Alvaredo, Facundo. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Paris School of Economics; Francia. Institute for New Economic Thinking; Reino Unido
Fil: Atkinson, Anthony B.. Institute for New Economic Thinking; Reino Unido. Nuffield College; Reino Unido
Fil: Morelli, Salvatore. Institute for New Economic Thinking; Reino Unido. Università degli Studi di Napoli Federico II; Italia
Materia
Estate Multiplier
Investment Income
Wealth Inequality
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/51846
Acceder
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spelling The Challenge of Measuring UK Wealth Inequality in the 2000sGonzalez Alvaredo, FacundoAtkinson, Anthony B.Morelli, SalvatoreEstate MultiplierInvestment IncomeWealth Inequalityhttps://purl.org/becyt/ford/5.2https://purl.org/becyt/ford/5The 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 in a variety of sources is necessary if we are to provide satisfactory answers to the three questions.Fil: Gonzalez Alvaredo, Facundo. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Paris School of Economics; Francia. Institute for New Economic Thinking; Reino UnidoFil: Atkinson, Anthony B.. Institute for New Economic Thinking; Reino Unido. Nuffield College; Reino UnidoFil: Morelli, Salvatore. Institute for New Economic Thinking; Reino Unido. Università degli Studi di Napoli Federico II; ItaliaBlackwell Publishing2016-03info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/51846Gonzalez Alvaredo, Facundo; Atkinson, Anthony B.; Morelli, Salvatore; The Challenge of Measuring UK Wealth Inequality in the 2000s; Blackwell Publishing; Fiscal Studies; 37; 1; 3-2016; 13-331475-5890CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/doi/10.1111/j.1475-5890.2016.12084info:eu-repo/semantics/altIdentifier/url/https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1475-5890.2016.12084info:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-09-03T09:51:53Zoai:ri.conicet.gov.ar:11336/51846instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-09-03 09:51:53.716CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv The Challenge of Measuring UK Wealth Inequality in the 2000s
title The Challenge of Measuring UK Wealth Inequality in the 2000s
spellingShingle The Challenge of Measuring UK Wealth Inequality in the 2000s
Gonzalez Alvaredo, Facundo
Estate Multiplier
Investment Income
Wealth Inequality
title_short The Challenge of Measuring UK Wealth Inequality in the 2000s
title_full The Challenge of Measuring UK Wealth Inequality in the 2000s
title_fullStr The Challenge of Measuring UK Wealth Inequality in the 2000s
title_full_unstemmed The Challenge of Measuring UK Wealth Inequality in the 2000s
title_sort The Challenge of Measuring UK Wealth Inequality in the 2000s
dc.creator.none.fl_str_mv Gonzalez Alvaredo, Facundo
Atkinson, Anthony B.
Morelli, Salvatore
author Gonzalez Alvaredo, Facundo
author_facet Gonzalez Alvaredo, Facundo
Atkinson, Anthony B.
Morelli, Salvatore
author_role author
author2 Atkinson, Anthony B.
Morelli, Salvatore
author2_role author
author
dc.subject.none.fl_str_mv Estate Multiplier
Investment Income
Wealth Inequality
topic Estate Multiplier
Investment Income
Wealth Inequality
purl_subject.fl_str_mv https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
dc.description.none.fl_txt_mv 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 in a variety of sources is necessary if we are to provide satisfactory answers to the three questions.
Fil: Gonzalez Alvaredo, Facundo. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Paris School of Economics; Francia. Institute for New Economic Thinking; Reino Unido
Fil: Atkinson, Anthony B.. Institute for New Economic Thinking; Reino Unido. Nuffield College; Reino Unido
Fil: Morelli, Salvatore. Institute for New Economic Thinking; Reino Unido. Università degli Studi di Napoli Federico II; Italia
description 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 in a variety of sources is necessary if we are to provide satisfactory answers to the three questions.
publishDate 2016
dc.date.none.fl_str_mv 2016-03
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/51846
Gonzalez Alvaredo, Facundo; Atkinson, Anthony B.; Morelli, Salvatore; The Challenge of Measuring UK Wealth Inequality in the 2000s; Blackwell Publishing; Fiscal Studies; 37; 1; 3-2016; 13-33
1475-5890
CONICET Digital
CONICET
url http://hdl.handle.net/11336/51846
identifier_str_mv Gonzalez Alvaredo, Facundo; Atkinson, Anthony B.; Morelli, Salvatore; The Challenge of Measuring UK Wealth Inequality in the 2000s; Blackwell Publishing; Fiscal Studies; 37; 1; 3-2016; 13-33
1475-5890
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/doi/10.1111/j.1475-5890.2016.12084
info:eu-repo/semantics/altIdentifier/url/https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1475-5890.2016.12084
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Blackwell Publishing
publisher.none.fl_str_mv Blackwell Publishing
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
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score 13.13397

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