Monetary Policy and Top Income Shares for 30 Economies, 2005–2023

2,208 country-quarter observations combine the top-10% pre-tax income share with monetary policy and macroeconomic indicators for 30 advanced and emerging economies from 2005Q1 to 2024Q4. The replication package by Altayligil, Yasin Baris includes a self-contained R script for reproducing all analyses from the associated manuscript. Data sources include the World Inequality Database, OECD, FRED, BIS, and the World Bank.

Use Cases

• Estimate country-level ARDL models based on the described monetary policy and income share variables.
• Conduct Pesaran-Shin-Smith bounds tests for cointegration based on the provided panel data.
• Analyze long-run coefficients using the delta method based on the estimated relationships.
• Perform unit-root screening (ADF and KPSS tests) on the macroeconomic time series.
• Study the development status differential in policy impacts based on the country classifications.

Strengths

• Includes 2,208 country-quarter observations covering a 20-year period from 2005Q1 to 2024Q4.
• Combines data from five authoritative sources: World Inequality Database, OECD, FRED, BIS, and World Bank.
• Provides a fully documented replication package with a self-contained R script, codebook, and outputs.

Limitations

• Column-level documentation is absent; field semantics must be inferred after download.
• The annual top income share data is converted to quarterly frequency via interpolation, which may introduce smoothing artifacts.

Provenance

Source

World Inequality Database, OECD, FRED, BIS, World Bank

Collection Method

Data aggregation and interpolation as documented in the replication package.

Time Range

2005Q1 to 2024Q4

Freshness

Last updated 2026-07-06 18:01:33

Geography

30 advanced and emerging economies