Top Incomes in Chile: A Historical Perspective on Income Inequality, 1964–2017. (1st October 2019)
- Record Type:
- Journal Article
- Title:
- Top Incomes in Chile: A Historical Perspective on Income Inequality, 1964–2017. (1st October 2019)
- Main Title:
- Top Incomes in Chile: A Historical Perspective on Income Inequality, 1964–2017
- Authors:
- Flores, Ignacio
Sanhueza, Claudia
Atria, Jorge
Mayer, Ricardo - Abstract:
- Abstract : We present a novel series of Chilean top‐income shares covering half a century, mainly based on income‐tax declarations and the National Accounts. Such a time frame of analysis is still rare in the literature of developing countries. We distinguish between a fiscal‐income series (1964–2017) and an adjusted series (1990–2017). The former covers individual income, while the latter also includes corporate undistributed profits, which affects both levels and trends. The fiscal‐income estimates start with low levels and a decreasing trend over the 1960s. They then increase rapidly during the dictatorship years (1973–89). The series ends with a high, yet slowly decreasing, concentration for most of the recent democratic period (1990–2017). By contrast, the adjusted series has followed a U‐shape since the return of democracy, contradicting the established consensus on falling inequality over the period. Furthermore, Chile ranks among the most unequal countries in both the OECD and Latin American countries over the period.
- Is Part Of:
- Review of income and wealth. Series 66:Number 4(2020)
- Journal:
- Review of income and wealth
- Issue:
- Series 66:Number 4(2020)
- Issue Display:
- Volume 66, Issue 4 (2020)
- Year:
- 2020
- Volume:
- 66
- Issue:
- 4
- Issue Sort Value:
- 2020-0066-0004-0000
- Page Start:
- 850
- Page End:
- 874
- Publication Date:
- 2019-10-01
- Subjects:
- Chile -- historical trends -- inequality -- tax data -- top incomes
National income -- Accounting -- Periodicals
332.05 - Journal URLs:
- http://www.blackwell-synergy.com/rd.asp?code=roiw&goto=journal ↗
http://onlinelibrary.wiley.com/ ↗ - DOI:
- 10.1111/roiw.12441 ↗
- Languages:
- English
- ISSNs:
- 0034-6586
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 7790.770000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 15334.xml