No. 2015-01 - Rising Income Inequality and Living Standards in OECD Countries: How Does the Middle Fare?
Date: 21 December 2015This paper uses data from the key comparative sources available for the rich countries to examine how both real median incomes and income inequality have evolved from around 1980 through the Great Recession. There are striking differences across OECD countries in average real median income growth. Some increase in overall inequality has been common, but with wide variation in extent and timing. Top (pretax) income shares have generally been rising, but not always consistently with overall inequality from household surveys.
Rising Income Inequality and Living Standards in OECD Countries: How Does the Middle Fare?
Type: inet-working-paperView Document