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Measuring Macro-Level Inequality: The Role Of The Top 1%

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  • Ilona Cserháti
  • Tibor Keresztély

Abstract

Income inequality has been rising in the last decades. It is generally measured on micro-level by income surveys, but the richest 1% is partly missing from the survey samples. We used the Hungarian tax database for calculating ‘macro-level’ income distribution and the share of the top 1% for 2010-2014. We aligned the original EU-SILC questionnaire database, and compared the original and the updated inequality measures. We analysed the effects of the integration, with special regard to the role of the top 1%.

Suggested Citation

  • Ilona Cserháti & Tibor Keresztély, 2016. "Measuring Macro-Level Inequality: The Role Of The Top 1%," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 10(1), pages 123-131.
    • Handle: RePEc:isp:journl:v:10:y:2016:i:1:p:123-131
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    Keywords

    income inequality; microsimulation; taxation;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

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