Accounting for Changes in Income Inequality: Decomposition Analyses for the UK, 1978–2008

Article dans une revue: We analyse income inequality in the UK from 1978 to 2009 in order to understand why income inequality rose very rapidly from 1978 to 1991 but then remained broadly unchanged. We find that inequality in earnings among employees has risen fairly steadily since 1978, but other factors that caused income inequality to rise before 1991 have since gone into reverse. Inequality in investment and pension income has fallen since 1991, as has inequality between those with and without employment. Furthermore, certain household types – notably the elderly and those with young children – which had relatively low incomes in the period to 1991 have seen their incomes converge with others.

Auteur(s)

Mike Brewer, Liam Wren-Lewis

Revue
  • Oxford Bulletin of Economics and Statistics
Date de publication
  • 2016
Mots-clés JEL
D31 H23 H53 I32
Mots-clés
  • Income Inequality
Pages
  • 289–322
Version
  • 1
Volume
  • 78