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A common critique of most measures of income inequality, which are based on a single year's income, is that they fail to take account of income mobility.
If income fluctuations are large, and individuals can smooth consumption, then high inequality and high mobility may...
This paper compares the tax systems of Australia, Canada, New Zealand, the UK and the US, and summarizes the evidence about top income shares.
Taxation data have been used to create long-run series for the distribution of top incomes in quite a number of...