2006–2010

The Long-run Determinants of Inequality: What Can We Learn from Top Income Data?

Särtryck nr 2009:23

Författare: Jesper Roine, Jonas Vlachos och Daniel WaldenströmÅr: 2009 Publikation: Journal of Public Economics Årgång (nr): 93 (7-8) Sidor: 974–988
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This paper studies determinants of income inequality using a newly assembled panel of 16 countries over the entire twentieth century. We focus on three groups of income earners: the rich (P99–100), the upper middle class (P90–99), and the rest of the population (P0–90). The results show that periods of high economic growth disproportionately increases the top percentile income share at the expense of the rest of the top decile. Financial development is also pro-rich and the outbreak of banking crises is associated with reduced income shares of the rich. Trade openness has no clear distributional impact (if anything openness reduces top shares). Government spending, however, is negative for the upper middle class and positive for the nine lowest deciles but does not seem to affect the rich. Finally, tax progressivity reduces top income shares and when accounting for real dynamic effects the impact can be important over time.


Referens:
Roine, Jesper, Jonas Vlachos och Daniel Waldenström (2009), "The Long-run Determinants of Inequality: What Can We Learn from Top Income Data?". Journal of Public Economics 93(7-8), 974–988.

Daniel Waldenström

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Jonas Vlachos

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Henrik Jordahl

Forskningsområden: Skattefinansierade tjänster, privatiseringar samt väljarbeteende.

Några av de frågor Henrik Jordahl försöker besvara i sin forskning:

  • Vad förklarar valet mellan offentlig och privat tjänsteproduktion?
  • Hur påverkar detta val tjänsternas kostnader och kvalitet?

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