The Top 1% in International and Historical Perspective
1
PSE -
Paris School of Economics
2 Nuffield College
3 CONICET - Consejo Nacional de Investigaciones Científicas y Técnicas [Buenos Aires]
4 Oxford University
5 LSE - London School of Economics and Political Science
6 PSE - Paris-Jourdan Sciences Economiques
7 UCLA - University of California [Los Angeles]
2 Nuffield College
3 CONICET - Consejo Nacional de Investigaciones Científicas y Técnicas [Buenos Aires]
4 Oxford University
5 LSE - London School of Economics and Political Science
6 PSE - Paris-Jourdan Sciences Economiques
7 UCLA - University of California [Los Angeles]
Facundo Alvaredo
- Fonction : Auteur
- PersonId : 1360349
- IdHAL : facundo-alvaredo
- IdRef : 17806596X
Anthony Atkinson
- Fonction : Auteur
Thomas Piketty
- Fonction : Auteur
- PersonId : 1256308
- ORCID : 0000-0002-1261-2392
- IdRef : 033197563
Résumé
For three decades, the debate about rising income inequality in the United States has centered on the dispersion of wages and the increased premium for skilled/educated workers, attributed in varying proportions to skill-biased technological change and to globalization (for example, see Katz and Autor 1999 for a survey). In recent years, however, there has been a growing realization that most of the action has been at the very top. This has attracted a great deal of public attention (as witnessed by the number of visits to and press citations of our World Top Incomes Database at http://topincomes.parisschoolofeconomics.eu/) and has represented a challenge to the economics profession. Stories based on the supply and demand for skills are not enough to explain the extreme top tail of the earnings distribution; nor is it enough to look only at earned incomes. Different approaches are necessary to explain what has happened in the United States over the past century and also to explain the differing experience in other high-income countries over recent decades. We begin with the international comparison in the first section and then turn to the causes and implications of the evolution of top income shares.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
The Top 1% in International and Historical Perspective
|
Résumé |
en
For three decades, the debate about rising income inequality in the United States has centered on the dispersion of wages and the increased premium for skilled/educated workers, attributed in varying proportions to skill-biased technological change and to globalization (for example, see Katz and Autor 1999 for a survey). In recent years, however, there has been a growing realization that most of the action has been at the very top. This has attracted a great deal of public attention (as witnessed by the number of visits to and press citations of our World Top Incomes Database at http://topincomes.parisschoolofeconomics.eu/) and has represented a challenge to the economics profession. Stories based on the supply and demand for skills are not enough to explain the extreme top tail of the earnings distribution; nor is it enough to look only at earned incomes. Different approaches are necessary to explain what has happened in the United States over the past century and also to explain the differing experience in other high-income countries over recent decades. We begin with the international comparison in the first section and then turn to the causes and implications of the evolution of top income shares.
|
Auteur(s) |
Facundo Alvaredo
1, 2, 3, 4
, Anthony Atkinson
2, 5
, Thomas Piketty
6, 1
, Emmanuel Saez
7
1
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
2
Nuffield College
( 46745 )
- Royaume-Uni
3
CONICET -
Consejo Nacional de Investigaciones Científicas y Técnicas [Buenos Aires]
( 92878 )
- Avda. Rivadavia 1917 - CP C1033AAJ - Cdad. de Buenos Aires
- Argentine
4
Oxford University
( 138784 )
- Royaume-Uni
5
LSE -
London School of Economics and Political Science
( 328453 )
- Houghton Street, London WC2A 2AE
- Royaume-Uni
6
PSE -
Paris-Jourdan Sciences Economiques
( 139754 )
- 48 boulevard Jourdan 75014 Paris
- France
7
UCLA -
University of California [Los Angeles]
( 72398 )
- Los Angeles, Californie 90095
- États-Unis
|
Comité de lecture |
Oui
|
Vulgarisation |
Non
|
Langue du document |
Anglais
|
Nom de la revue |
|
Audience |
Non spécifiée
|
Date de publication |
2013-07
|
Volume |
27
|
Numéro |
3
|
Page/Identifiant |
1-21
|
Domaine(s) |
|
Financement |
|
Mots-clés |
en
Inequality, United States
|
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