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Rising income inequality and living standards in OECD countries: How does the middle fare?

Abstract:

Income inequality has increased in a number of the rich democratic nations over the past generation. We examine whether this has reduced income growth for middle-income households. Using LIS, OECD and WID data, we show how median household incomes and income inequality have evolved between 1980 and 2013, and we analyse whether these trends are related. Growth in median incomes is negatively associated with changes in the Gini but not with changes in top income shares. Economic growth is stron...

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Publication status:
Published
Peer review status:
Peer reviewed
Version:
Accepted Manuscript

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Institution:
University of Oxford
Division:
Social Sciences Division
Department:
Social Policy & Intervention
Role:
Author
ORCID:
0000-0002-5992-4182
More by this author
Institution:
University of Oxford
Role:
Author
Publisher:
Ad libros Publications Publisher's website
Journal:
Journal of Income Distribution Journal website
Volume:
26
Issue:
2
Publication date:
2018-05-15
Acceptance date:
2018-04-15
ISSN:
1874-6322
Pubs id:
pubs:844939
URN:
uri:cd971110-d17b-4050-b642-5c2864fc7218
UUID:
uuid:cd971110-d17b-4050-b642-5c2864fc7218
Local pid:
pubs:844939

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