Top Earners: Comparing the US, Canada, Denmark and Sweden

Alejandro Badel, Moira Daly, Mark Huggett, Martin Nybom

Research output: Contribution to conferencePaperResearchpeer-review

Abstract

We document a common set of life-cycle earnings facts using data from the US, Canada, Denmark and Sweden. In each country, we find that (1) the earnings distribution fans out with age, (2) the right tail of the earnings distribution becomes thicker with age, (3) the wage-rate distribution fans out with age and (4) the real earnings growth rate over the working lifetime is larger for higher lifetime earners. Compared to the US, we find that Denmark and Sweden have a more compressed earnings and wage rate distribution above the median and a smaller real earnings growth rates for top lifetime earners.
Original languageEnglish
Publication date2016
Number of pages6
Publication statusPublished - 2016
Event2016 Annual Meeting of the Society for Economic Dynamics - Toulouse, France
Duration: 30 Jun 20162 Jul 2016
https://www.economicdynamics.org/2016-sed-meeting/

Conference

Conference2016 Annual Meeting of the Society for Economic Dynamics
CountryFrance
CityToulouse
Period30/06/201602/07/2016
Internet address

Keywords

  • Earnings
  • Inequality
  • Top earners
  • Taxation

Cite this

Badel, A., Daly, M., Huggett, M., & Nybom, M. (2016). Top Earners: Comparing the US, Canada, Denmark and Sweden. Paper presented at 2016 Annual Meeting of the Society for Economic Dynamics , Toulouse, France. http://faculty.georgetown.edu/mh5/research/project-1.pdf