Towards a Better Understanding of Income Inequality in Canada

Towards a Better Understanding of Income Inequality in Canada

Edited by Charles Lammam

NOVEMBER 2017

November 2017 ? Fraser Institute

Towards a Better Understanding of Income Inequality in Canada

Edited by Charles Lammam

Contents

Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

1. How Income and Wealth are "Earned" Matters in Understanding Inequality . . . . . . . . 7

Jason Clemens, Taylor Jackson, and Megan O'Neill

2. Income Inequality Measurement Sensitivities. . . . . . . . . . . . . . . . . . . . . . 25

Christopher Sarlo, Jason Clemens, and Joel Emes

3. Consumption Inequality in Canada: Is the Gap Growing?. . . . . . . . . . . . . . . . 57

Christopher Sarlo

4. Understanding Wealth Inequality in Canada . . . . . . . . . . . . . . . . . . . . . . 78

Christopher Sarlo

5. Measuring Income Mobility in Canada. . . . . . . . . . . . . . . . . . . . . . . . 123

Charles Lammam, Niels Veldhuis, Milagros Palacios, and Hugh MacIntyre

6. The Myth of Middle-Class Stagnation in Canada. . . . . . . . . . . . . . . . . . . . 160

Donald J. Boudreaux, with Joel Emes, Hugh MacIntyre, and Charles Lammam

7. Measuring the Distribution of Taxes in Canada: Do the Rich Pay Their "Fair Share"?. . . . 186

Charles Lammam, Hugh MacIntyre, and Milagros Palacios

About the Authors. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 199 Acknowledgments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 202 Publishing Information. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 203 Supporting the Fraser Institute . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 204 Purpose, Funding, and Independence. . . . . . . . . . . . . . . . . . . . . . . . . . . 204 About the Fraser Institute . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 205 Editorial Advisory Board. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 206

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