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The survey shows that the share of the top 1 in aggregate household disposable income is 6.
Aggregate income of top 1 percent. 1 1 log top 1 share log 1 2 this simple exercise delivers a 1980 2 48 and a today 1 92. There has been a large rise in us top income inequality since the 1980s. A person would need to earn an average of 515 371 per year in order to join the top 1. Wages for the bottom 90 only grew 23 9 in the same time period.
Although the net worth of the middle class is rising the top 1 has more opportunity to grow its wealth. Aggregate demand and the top 1 percent by adrien auclert and matthew rognlie. It turns out that inferring a in this way also predicts the shape of the income distribution within the top 1 ex tremely well for example the top 0 1 share as shown by the green line of figure1. Since 1979 the top 1 saw their wages grow by 157 8 and the top 0 1 by more than twice as much 340 7.
Country of income of the richest 1 albania 9 1 australia 6 4 austria 8 2 bahrain 18 0 belgium 6 7 bosnia and herzegovina 6 2 brazil 28 4 bulgaria 8 4 canada 13 6 chile 23 7 china 13 9 colombia 20 4 croatia 7 6 cyprus 8 6 czech republic 9 5 ivory coast 17 1 denmark 12 8.
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