IDEAS home Printed from https://ideas.repec.org/a/bla/revinw/v56y2010i3p620-631.html
   My bibliography  Save this article

Tax Data For Wealth Concentration Analysis: An Application To Spanish Wealth Tax

Author

Listed:
  • José Ma Durán‐Cabré
  • Alejandro Esteller‐Moré

Abstract

As recent studies in different countries show, tax data offer the opportunity to estimate income or wealth shares for the upper income groups. However, several critical points must be considered in order to avoid misleading conclusions: the interpolation technique used, legal amendments, and tax fraud. In this note we take Spanish wealth tax as a case study to assess the importance of these factors, and compare our results with those obtained by Alvaredo and Saez (2009). Although the results of the two analyses are very similar, our approach complements theirs by offering a more precise treatment of the correction of fiscal underassessment and tax fraud in real estate, which is the main asset in Spaniards' portfolios.

Suggested Citation

  • José Ma Durán‐Cabré & Alejandro Esteller‐Moré, 2010. "Tax Data For Wealth Concentration Analysis: An Application To Spanish Wealth Tax," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 56(3), pages 620-631, September.
    • Handle: RePEc:bla:revinw:v:56:y:2010:i:3:p:620-631
    DOI: 10.1111/j.1475-4991.2010.00395.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1475-4991.2010.00395.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1475-4991.2010.00395.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Facundo Alvaredo & Emmanuel Saez, 2009. "Income and Wealth Concentration in Spain from a Historical and Fiscal Perspective," Journal of the European Economic Association, MIT Press, vol. 7(5), pages 1140-1167, September.
    2. Matti Tuomala & Jouko Vilmunen, 1988. "On the trends over time in the degree of concentration of wealth in Finland," Finnish Economic Papers, Finnish Economic Association, vol. 1(2), pages 184-190, Autumn.
    3. Simon Kuznets & Elizabeth Jenks, 1953. "Shares of Upper Income Groups in Income and Savings (1953)," NBER Books, National Bureau of Economic Research, Inc, number kuzn53-1.
    4. Henry Ohlsson & Jesper Roine & Daniel Waldenstrom, 2006. "Long-Run Changes in the Concentration of Wealth: An Overview of Recent Findings," WIDER Working Paper Series RP2006-103, World Institute for Development Economic Research (UNU-WIDER).
    5. Daniel R. Feenberg & James M. Poterba, 1993. "Income Inequality and the Incomes of Very High-Income Taxpayers: Evidence from Tax Returns," NBER Chapters, in: Tax Policy and the Economy, Volume 7, pages 145-177, National Bureau of Economic Research, Inc.
    6. Simon Kuznets & Elizabeth Jenks, 1953. "Shares of Upper Income Groups in Savings," NBER Chapters, in: Shares of Upper Income Groups in Income and Savings (1953), pages 171-218, National Bureau of Economic Research, Inc.
    7. Olympia Bover & Carmen Martínez-Carrascal & Pilar Velilla, 2005. "The wealth of Spanish households: a microeconomic comparison with the United States, Italy and the United Kingdom," Economic Bulletin, Banco de España, issue JUL, pages 87-109, July.
    8. Anthony Atkinson & Thomas Piketty, 2007. "Top incomes over the twentieth century: A contrast between continental european and english-speaking countries," Post-Print halshs-00754859, HAL.
    9. Gastwirth, Joseph L, 1972. "The Estimation of the Lorenz Curve and Gini Index," The Review of Economics and Statistics, MIT Press, vol. 54(3), pages 306-316, August.
    10. Atkinson, A. B. & Piketty, Thomas (ed.), 2007. "Top Incomes Over the Twentieth Century: A Contrast Between Continental European and English-Speaking Countries," OUP Catalogue, Oxford University Press, number 9780199286881.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Paul Eckerstorfer & Johannes Halak & Jakob Kapeller & Bernhard Schütz & Florian Springholz & Rafael Wildauer, 2014. "Die Vermögensverteilung in Österreich und das Aufkommenspotenzial einer Vermögenssteuer," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 40(1), pages 63-81.
    2. Paul Eckerstorfer & Johannes Halak & Jakob Kapeller & Bernhard Schütz & Florian Springholz & Rafael Wildauer, 2016. "Correcting for the Missing Rich: An Application to Wealth Survey Data," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 62(4), pages 605-627, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. José Mª Durán Cabré & Alejandro Esteller Moré, 2007. "An empirical analysis of wealth taxation: Equity Vs.tax compliance," Working Papers XREAP2007-03, Xarxa de Referència en Economia Aplicada (XREAP), revised Jun 2007.
    2. Anthony B. Atkinson & Thomas Piketty & Emmanuel Saez, 2011. "Top Incomes in the Long Run of History," Journal of Economic Literature, American Economic Association, vol. 49(1), pages 3-71, March.
    3. Alvaredo, Facundo, 2009. "Top incomes and earnings in Portugal 1936-2005," Explorations in Economic History, Elsevier, vol. 46(4), pages 404-417, October.
    4. Thomas Blanchet & Juliette Fournier & Thomas Piketty, 2022. "Generalized Pareto Curves: Theory and Applications," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 68(1), pages 263-288, March.
    5. Raymundo M. Campos-Vazquez & Emmanuel Chavez & Gerardo Esquivel, 2017. "Growth is (really) good for the (really) rich," The World Economy, Wiley Blackwell, vol. 40(12), pages 2639-2675, December.
    6. Facundo Alvaredo, 2007. "The Rich in Argentina over the twentieth century: From the Conservative Republic to the Peronist experience and beyond 1932-2004," Working Papers halshs-00588318, HAL.
    7. Daniel Waldenström, 2008. "Why should inequality researchers care about the rich?," IFC Bulletins chapters, in: Bank for International Settlements (ed.), The IFC's contribution to the 56th ISI Session, Lisbon, August 2007, volume 28, pages 421-427, Bank for International Settlements.
    8. Christoph A. Schaltegger & Christoph Gorgas, 2011. "The Evolution of Top Incomes in Switzerland over the 20th Century," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 147(IV), pages 479-519, December.
    9. Advani, Arun & Summers, Andy & Tarrant, Hannah, 2022. "Measuring top income shares in the UK," CAGE Online Working Paper Series 610, Competitive Advantage in the Global Economy (CAGE).
    10. Irving Fisher Committee, 2008. "The IFC's contribution to the 56th ISI Session, Lisbon, August 2007," IFC Bulletins, Bank for International Settlements, number 28.
    11. Saez, Emmanuel & Alvaredo, Facundo, 2006. "Income and Wealth Concentration in Spain in a Historical and Fiscal Perspective," CEPR Discussion Papers 5836, C.E.P.R. Discussion Papers.
    12. Foellmi, Reto & Martinez, Isabel, 2012. "Volatile Top Income Shares in Switzerland? Reassessing the Evolution Between 1981 and 2008," Economics Working Paper Series 1227, University of St. Gallen, School of Economics and Political Science, revised Jun 2013.
    13. Kleven, Henrik J. & Luttmer, Erzo F.P., 2018. "A special issue of the Journal of Public Economics: Honoring the work of Sir Anthony B. Atkinson (1944–2017)," Journal of Public Economics, Elsevier, vol. 162(C), pages 1-3.
    14. Bartels, Charlotte & Waldenström, Daniel, 2021. "Inequality and top incomes," GLO Discussion Paper Series 959, Global Labor Organization (GLO).
    15. Raymundo M. Campos-Vazquez & Emmanuel Chavez & Gerardo Esquivel, 2016. "Estimating top income shares without tax return data: Mexico since the 1990s," Serie documentos de trabajo del Centro de Estudios Económicos 2016-04, El Colegio de México, Centro de Estudios Económicos.
    16. Piketty, Thomas & Bozio, Antoine & Garbinti, Bertrand & Goupille-Lebret, Jonathan & Guillot, Malka, 2020. "Predistribution vs. Redistribution: Evidence from France and the U.S," CEPR Discussion Papers 15415, C.E.P.R. Discussion Papers.
    17. Luis Bauluz & Sebastien Breau & Pawel Bukowski & Mark Fransham & Annie Seong Lee & Neil Lee & Margarita Lopez Forero & Clement Malgouyres & Filip Novokmet & Moritz Schularick & Gregory Verdugo, 2023. "Spatial wage inequality in North America and Western Europe: changes between and within local labour markets 1975-2019," CEP Discussion Papers dp1941, Centre for Economic Performance, LSE.
    18. Alvaredo, Facundo & Cogneau, Denis & Piketty, Thomas, 2021. "Income inequality under colonial rule. Evidence from French Algeria, Cameroon, Tunisia, and Vietnam and comparisons with British colonies 1920–1960," Journal of Development Economics, Elsevier, vol. 152(C).
    19. José Mª Durán Cabré & Alejandro Esteller Moré, 2007. "An empirical analysis of wealth taxation: Equity Vs.tax compliance," Working Papers XREAP2007-03, Xarxa de Referència en Economia Aplicada (XREAP), revised Jun 2007.
    20. Thomas Blanchet & Ignacio Flores & Marc Morgan, 2022. "The weight of the rich: improving surveys using tax data," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 20(1), pages 119-150, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:revinw:v:56:y:2010:i:3:p:620-631. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/iariwea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.