IDEAS home Printed from https://ideas.repec.org/p/iza/izadps/dp18926.html

The Evolution of UK Income Inequality: A GB2 Distribution Perspective

Author

Listed:
  • Jenkins, Stephen

    (London School of Economics)

Abstract

This paper fits four-parameter GB2 distributions to UK unit record household survey data for 42 years from 1977 to 2018. Parameter estimates are used to describe key features of the household income distribution and its evolution over time, including inequality. The paper also discusses and illustrates issues of statistical inference and data quality, and the relative goodness of fit of distributions that are special cases of the GB2. Singh-Maddala distributions typically fit better than Dagum distributions, and the two-parameter Fisk distribution fits the UK income distribution well for almost every year in the 2003–2018 period.

Suggested Citation

  • Jenkins, Stephen, 2026. "The Evolution of UK Income Inequality: A GB2 Distribution Perspective," IZA Discussion Papers 18926, IZA Network @ LISER.
    • Handle: RePEc:iza:izadps:dp18926
    as

    Download full text from publisher

    File URL: https://docs.iza.org/dp18926.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • C16 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Econometric and Statistical Methods; Specific Distributions
    • C46 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Specific Distributions
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iza:izadps:dp18926. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mark Fallak (email available below). General contact details of provider: https://edirc.repec.org/data/izaaalu.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.