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Top incomes in Sweden over three-quarters of a century: a micro data approach

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  • Björn Gustafsson
  • Birgitta Jansson

Abstract

This paper aims to throw light on the development of top incomes in Sweden as well as the causes for change. Using household income data we show that since the first half of the 1980s real income at the top of the distribution has developed more favourably than for other groups. This contrasts with the changes which occurred prior to the 1980s. Reasons for the rise in the top income share are several: the development of stock prices, tax reforms and the labour market change of top wages increasing more rapidly than others. Copyright The Author 2008. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved., Oxford University Press.

Suggested Citation

  • Björn Gustafsson & Birgitta Jansson, 2008. "Top incomes in Sweden over three-quarters of a century: a micro data approach," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 32(6), pages 963-976, November.
  • Handle: RePEc:oup:cambje:v:32:y:2008:i:6:p:963-976
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    File URL: http://hdl.handle.net/10.1093/cje/ben024
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    Cited by:

    1. John Hatgioannides & Marika Karanassou, 2011. "Warrant Economics, Call-Put Policy Options and the Fallacies of Economic Theory," Working Papers 686, Queen Mary University of London, School of Economics and Finance.
    2. Björklund, Anders & Roine, Jesper & Waldenström, Daniel, 2008. "Intergenerational top income mobility in Sweden – A combination of equal opportunity and capitalistic dynasties," SSE/EFI Working Paper Series in Economics and Finance 705, Stockholm School of Economics.
    3. Hatgioannides, John & Karanassou, Marika, 2011. "Warrant Economics, Call-Put Policy Options and the Fallacies of Economic Theory," IZA Discussion Papers 6251, Institute of Labor Economics (IZA).
    4. Hatgioannides, John & Karanassou, Marika, 2011. "Warrant Economics, Call-Put Policy Options and the Fallacies of Economic Theory," IZA Discussion Papers 6251, Institute of Labor Economics (IZA).
    5. Marika Karanassou & Hector Sala, 2012. "Inequality and Employment Sensitivities to the Falling Labour Share," The Economic and Social Review, Economic and Social Studies, vol. 43(3), pages 343-376.
    6. Cabral, René & García-Díaz, Rocío & Mollick, André Varella, 2016. "Does globalization affect top income inequality?," Journal of Policy Modeling, Elsevier, vol. 38(5), pages 916-940.
    7. Vanesa Jorda & Jose M. Alonso, 2020. "What works to mitigate and reduce relative (and absolute) inequality?: A systematic review," WIDER Working Paper Series wp-2020-152, World Institute for Development Economic Research (UNU-WIDER).

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