Wealth Distribution and Taxation - DARP
Wealth Distribution and Taxation - DARP
Wealth Distribution and Taxation - DARP
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1900<br />
1910<br />
1920<br />
1930<br />
1940<br />
1950<br />
1960<br />
1970<br />
1980<br />
1990<br />
2000<br />
Pareto’s a: USA <strong>and</strong> UK<br />
3<br />
a<br />
2.8<br />
2.6<br />
2.4<br />
2.2<br />
2<br />
US income<br />
UK income<br />
US wealth<br />
Engl<strong>and</strong> & Wales wealth<br />
UK wealth (1)<br />
UK wealth (2)<br />
1.8<br />
1.6<br />
1.4<br />
1.2<br />
• Sources: see Cowell (2011) Chapter 4<br />
11 February 2012 Frank Cowell: EC426 28
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