Top Earners: Cross-country Facts

Alejandro Badel, Moira K. Daly, Mark Huggett, Martin Nybom

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › peer review

Resumé

We provide a common set of life cycle earnings statistics based on administrative data from the United States, Canada, Denmark, and Sweden. We find three qualitative patterns, which are common across countries. First, top-earnings inequality increases over the working lifetime. Second, the extreme right tail of the earnings distribution becomes thicker with age over the working lifetime. Third, top lifetime earners exhibit dramatic earnings growth over their working lifetime. Models of top earners should account for these three patterns and, importantly, for how they quantitatively differ across countries.
We provide a common set of life cycle earnings statistics based on administrative data from the United States, Canada, Denmark, and Sweden. We find three qualitative patterns, which are common across countries. First, top-earnings inequality increases over the working lifetime. Second, the extreme right tail of the earnings distribution becomes thicker with age over the working lifetime. Third, top lifetime earners exhibit dramatic earnings growth over their working lifetime. Models of top earners should account for these three patterns and, importantly, for how they quantitatively differ across countries.
SprogEngelsk
TidsskriftFederal Reserve Bank of St. Louis. Review
Vol/bind100
Udgave nummer3
Sider237-257
Antal sider21
DOI
StatusUdgivet - 2018

Citer dette

Badel, A., Daly, M. K., Huggett, M., & Nybom, M. (2018). Top Earners: Cross-country Facts. Federal Reserve Bank of St. Louis. Review, 100(3), 237-257. DOI: 10.20955/r.100.237-57
Badel, Alejandro ; Daly, Moira K. ; Huggett, Mark ; Nybom, Martin. / Top Earners : Cross-country Facts. I: Federal Reserve Bank of St. Louis. Review. 2018 ; Bind 100, Nr. 3. s. 237-257
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Badel, A, Daly, MK, Huggett, M & Nybom, M 2018, 'Top Earners: Cross-country Facts' Federal Reserve Bank of St. Louis. Review, bind 100, nr. 3, s. 237-257. DOI: 10.20955/r.100.237-57

Top Earners : Cross-country Facts. / Badel, Alejandro; Daly, Moira K.; Huggett, Mark; Nybom, Martin.

I: Federal Reserve Bank of St. Louis. Review, Bind 100, Nr. 3, 2018, s. 237-257.

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › peer review

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Badel A, Daly MK, Huggett M, Nybom M. Top Earners: Cross-country Facts. Federal Reserve Bank of St. Louis. Review. 2018;100(3):237-257. Tilgængelig fra, DOI: 10.20955/r.100.237-57

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