The long-run history of income inequality in Denmark: Top incomes from 1870 to 2010
AbstractWe use historical publications and – for more recent years – micro-data from the income tax and wealth tax returns to estimate the development in income inequality in Denmark over the last 140 years. The paper breaks new ground in treating the specific features of the Danish Tax system and in analysing the implications of the switch from joint to individual taxation. We show that income inequality have declined substantially over the last century with an income share for the top 1 per cent dropping from 27.6 per cent from its peak in 1917 to 6.4 in 2010. However the decline is not simply a secular downward trend consistent with the downward part of a Kuznets curve. Instead there seems to be several distinct phases, interleaved with periods of stability.
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Bibliographic InfoPaper provided by Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics in its series EPRU Working Paper Series with number 2013-01.
Length: 48 pages
Date of creation: Feb 2013
Date of revision:
Contact details of provider:
Postal: Øster Farimagsgade 5, Building 26, DK-1353 Copenhagen K., Denmark
Phone: (+45) 3532 4411
Fax: +45 35 32 30 00
Web page: http://www.econ.ku.dk/epru/
More information through EDIRC
Income inequality; Income distribution; Wealth distribution; Top incomes; Taxation; Denmark;
Find related papers by JEL classification:
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- H2 - Public Economics - - Taxation, Subsidies, and Revenue
- J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
- N3 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy
This paper has been announced in the following NEP Reports:
- NEP-ACC-2013-03-02 (Accounting & Auditing)
- NEP-ALL-2013-03-02 (All new papers)
- NEP-EUR-2013-03-02 (Microeconomic European Issues)
- NEP-HIS-2013-03-02 (Business, Economic & Financial History)
- NEP-LTV-2013-03-02 (Unemployment, Inequality & Poverty)
- NEP-PBE-2013-03-02 (Public Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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NBER Working Papers
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PSE Working Papers
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NBER Working Papers
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- The long-run history of income inequality in Denmark: Top incomes from 1870 to 2010
by maximorossi in NEP-LTV blog on 2013-03-04 12:48:11
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