Intergenerational Top Income Persistence

Denmark half the size of Sweden

Bidragets oversatte titel: Intergenerationel topindkomstpersistens: Danmark halvt så høj som Sverige

Martin Munk, Jens Bonke, M. Azhar Hussain

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

Resumé

In this paper, we investigate intergenerational top earnings and top income mobility in Denmark. Access to administrative registers allowed us to look at very small fractions of the population. We find that intergenerational mobility is lower in the top when including capital income in the income measure - for the rich top 0.1 % fathers and sons the elasticity is 0.466. Compared with Sweden, however, the intergenerational top income persistence is smaller in Denmark.
OriginalsprogEngelsk
TidsskriftEconomics Letters
Vol/bind140
Sider (fra-til)31–33
ISSN0165-1765
DOI
StatusUdgivet - 2016

Emneord

  • Intergenerational top income persistence
  • Top incomes
  • Piecewise (spline) regression

Citer dette

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Intergenerational Top Income Persistence : Denmark half the size of Sweden. / Munk, Martin; Bonke, Jens; Hussain, M. Azhar.

I: Economics Letters, Bind 140, 2016, s. 31–33.

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

TY - JOUR

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AU - Bonke, Jens

AU - Hussain, M. Azhar

PY - 2016

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N2 - In this paper, we investigate intergenerational top earnings and top income mobility in Denmark. Access to administrative registers allowed us to look at very small fractions of the population. We find that intergenerational mobility is lower in the top when including capital income in the income measure—for the rich top 0.1% fathers and sons the elasticity is 0.466. Compared with Sweden, however, the intergenerational top income persistence is about half the size in Denmark.

AB - In this paper, we investigate intergenerational top earnings and top income mobility in Denmark. Access to administrative registers allowed us to look at very small fractions of the population. We find that intergenerational mobility is lower in the top when including capital income in the income measure—for the rich top 0.1% fathers and sons the elasticity is 0.466. Compared with Sweden, however, the intergenerational top income persistence is about half the size in Denmark.

KW - Intergenerational top income persistence

KW - Top incomes

KW - Piecewise (spline) regression

U2 - 10.1016/j.econlet.2015.11.038

DO - 10.1016/j.econlet.2015.11.038

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