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Income Inequality in France, 1900-2014: Evidence from Distributional National Accounts (DINA)

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  • Bertrand Garbinti, Jonathan Goupille-Lebret & Thomas Piketty

Abstract

We combine national accounts, tax and survey data in a comprehensive and consistent manner for France, to build homogenous annual series on the distribution of national income by percentiles, from 1900 to 2014, with detailed breakdown by age, gender and income categories over the 1970-2014 period. Our new series deliver higher inequality levels for the recent decades, because the usual tax-based series miss a rising part of capital income. Growth incidence curves look dramatically different for the 1950-1983 and 1983-2014 periods. We also show that it has become increasingly difficult to access top wealth groups with labor income only. Next, gender inequality in labor income declined in recent decades, albeit fairly slowly among top labor incomes. Finally, we compare the evolution of income inequality between France and the U.S.

Suggested Citation

  • Bertrand Garbinti, Jonathan Goupille-Lebret & Thomas Piketty, 2018. "Income Inequality in France, 1900-2014: Evidence from Distributional National Accounts (DINA)," Working papers 677, Banque de France.
  • Handle: RePEc:bfr:banfra:677
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    More about this item

    Keywords

    income distribution; income inequality; national accounts;

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • N34 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: 1913-

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