Two Decades of Top Income Shares in Honduras
This paper presents distributional national accounts for Honduras over 2003–2019, using survey microdata, administrative tax records, and national account aggregates. It assembles comprehensive data on formal income for high-income individuals, including information on corporate shareholders, which allows corporate profits to be assigned to their owners. The estimates suggest a high and persistent inequality in the country: the top 1 percent highest earners received approximately 30 percent of the total income over the period, placing Honduras among the most unequal countries in the world. Undistributed corporate profits are the overwhelming income source at the very top of the distribution, highlighting its importance in the measurement of income inequality. Finally, using a panel of tax records, the paper also documents that not only is inequality persistent, but the same individuals are often observed at the top, suggesting that the observed inequality has deep roots.
| Main Authors: | , , , |
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| Format: | Working Paper biblioteca |
| Language: | English en_US |
| Published: |
Washington, DC: World Bank
2024-03-19
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| Subjects: | INEQUALITY, TOP INCOME, ADMINISTRATIVE REGISTRIES, HONDURAS, |
| Online Access: | http://documents.worldbank.org/curated/en/099302403182435474/IDU116a7803b1e2ff144e6196f8152799cced739 https://hdl.handle.net/10986/41207 |
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