Market and disposable top income shares adjusted by national accounts data


  • Thomas Goda Universidad EAFIT
  • Santiago Sanchez



This paper uses national accounts data to adjust market and disposable Top 10% and Top 1% household survey income shares for 39 developed and developing countries that are part of the Luxembourg Income Study (LIS). An additional novelty of this study is the distinction between labor and capital income. The obtained results suggest that for most countries top income shares are significantly higher than those reported in household surveys, which mainly underestimate top capital income. While the presented results should be treated with some caution, our easy-to-implement baseline approach seems suitable for countries for which no tax data is available.

Author Biography

Thomas Goda, Universidad EAFIT

Thomas Goda is Assistant Professor of Economics at Universidad EAFIT (Medellin). His main research areas are economic inequality, and international and development economics. He has published in journals like Cambridge Journal of Economics, Development and Change, Social Indicators Research, Journal of International Financial Markets, Institutions and Money, International Review of Applied Economics, and Ensayos sobre Política Económica.



How to Cite

Goda, T., & Sanchez, S. (2018). Market and disposable top income shares adjusted by national accounts data. Journal of Income Distribution®, 27(2), 1–22.