Sustained rise in income inequality since 1979: Change in share of total cash, market-based income accruing to various income percentiles, 1979—2017
Income percentile | Change in share of total cash, market-based income |
---|---|
0–90th | -15.46% |
90th–95th | 1.00 |
95th–99.0 | 4.11 |
99.1–99.9 | 4.66 |
Top 0.1 | 5.70 |
Notes: Each group’s income share in 1979 is subtracted from their share in 2015. The sum of these changes is zero.
Source: Author's analysis of data from Piketty and Saez (2017)