Applying generalized pareto curves to inequality analysist
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Published version
Author(s)
Blanchet, Thomas
Garbinti, Bertrand
Goupille-Lebret, Jonathan
Martinez-Toledano, Clara
Type
Journal Article
Abstract
A generalized Pareto curve is defined as the curve of inverted Pareto coefficients b(p), where b(p) is the ratio between average income or wealth above rank p and the p-th quantile. We present this concept and show how it can be used to better estimate distributions, especially from tax tabulations. By providing a simple decomposition of top shares, we discuss how studying inverted Pareto coefficients can improve the understanding of inequality dynamics. We also show how it helps to better analyze wealth and income concentrations along the distribution, using data for France, Spain, the United States, and China.
Date Issued
2018-05-01
Date Acceptance
2018-05-01
Citation
AEA Papers and Proceedings, 2018, 108, pp.114-118
ISSN
2574-0768
Publisher
American Economic Association
Start Page
114
End Page
118
Journal / Book Title
AEA Papers and Proceedings
Volume
108
Copyright Statement
© 2018 The Author(s).
Identifier
http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:000434468600022&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=1ba7043ffcc86c417c072aa74d649202
Subjects
Social Sciences
Economics
Business & Economics
INCOME INEQUALITY
Publication Status
Published
Coverage Spatial
Philadelphia, PA
Date Publish Online
2018-05-01