Applying Generalized Pareto Curves to Inequality Analysis
Thomas Blanchet
(1, 2)
,
Bertrand Garbinti
(3)
,
Jonathan Goupille-Lebret
(4)
,
Clara Martínez-Toledano
(1, 2)
Jonathan Goupille-Lebret
- Fonction : Auteur
- PersonId : 742499
- IdHAL : jonathangoupille-lebret
- ORCID : 0000-0001-5827-6374
Clara Martínez-Toledano
- Fonction : Auteur
- PersonId : 1097703
- ORCID : 0000-0002-8394-5055
- IdRef : 249096285
Résumé
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.
Domaines
Economies et financesFormat du dépôt | Fichier |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Applying Generalized Pareto Curves to Inequality Analysis
|
Résumé |
en
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.
|
Auteur(s) |
Thomas Blanchet
1, 2
, Bertrand Garbinti
3
, Jonathan Goupille-Lebret
4
, Clara Martínez-Toledano
1, 2
1
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
2
PJSE -
Paris Jourdan Sciences Economiques
( 1171428 )
- 48 boulevard Jourdan 75014 Paris
- France
3
Centre de recherche de la Banque de France
( 171776 )
- 31 rue Croix des petits champs 75001 PARIS - France
- France
4
GATE Lyon Saint-Étienne -
Groupe d'Analyse et de Théorie Economique Lyon - Saint-Etienne
( 1169844 )
- 93, chemin des Mouilles 69130 Écully 6, rue Basse des Rives 42023 Saint-Étienne cedex 02
- France
|
Langue du document |
Anglais
|
Nom de la revue |
|
Volume |
108
|
Page/Identifiant |
114-118
|
Date de publication |
2018
|
Audience |
Internationale
|
Vulgarisation |
Non
|
Comité de lecture |
Oui
|
Date de production/écriture |
2018
|
Public visé |
Scientifique
|
Domaine(s) |
|
DOI | 10.1257/pandp.20181075 |
UT key WOS | 000434468600022 |
Origine :
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