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来源类型Working Paper
规范类型报告
DOI10.3386/w23539
来源IDWorking Paper 23539
Survey Under-Coverage of Top Incomes and Estimation of Inequality: What is the Role of the UK\u2019s SPI Adjustment?
Richard V. Burkhauser; Nicolas Hérault; Stephen P. Jenkins; Roger Wilkins
发表日期2017-06-26
出版年2017
语种英语
摘要Survey under-coverage of top incomes leads to bias in survey-based estimates of overall income inequality. Using income tax record data in combination with survey data is a potential approach to address the problem; we consider here the UK’s pioneering ‘SPI adjustment’ method that implements this idea. Since 1992, the principal income distribution series (reported annually in Households Below Average Income) has been based on household survey data in which the incomes of a small number of ‘very rich’ individuals are adjusted using information from ‘very rich’ individuals in personal income tax return data. We explain what the procedure involves, reveal the extent to which it addresses survey under-coverage of top incomes, and show how it affects estimates of overall income inequality. More generally, we assess whether the SPI adjustment is fit for purpose and consider whether variants of it could be employed by other countries.
主题Econometrics ; Data Collection ; Microeconomics ; Market Structure and Distribution
URLhttps://www.nber.org/papers/w23539
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/581213
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Richard V. Burkhauser,Nicolas Hérault,Stephen P. Jenkins,et al. Survey Under-Coverage of Top Incomes and Estimation of Inequality: What is the Role of the UK\u2019s SPI Adjustment?. 2017.
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