The long-run history of income inequality in Denmark: Top incomes from 1870 to 2010
We 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.
|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
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.:
- Pinje, Jori Veng & Boserup, Simon Halphen, 2011.
"Tax evasion, information reporting, and the regressive bias hypothesis,"
28406, University Library of Munich, Germany.
- Simon Halphen Boserup & Jori Veng Pinje, 2010. "Tax Evasion, Information Reporting, and the Regressive Bias Hypothesis," EPRU Working Paper Series 2010-13, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
- Piketty, Thomas & Saez, Emmanuel & Stantcheva, Stefanie, 2011.
"Optimal Taxation of Top Labor Incomes: A Tale of Three Elasticities,"
CEPR Discussion Papers
8675, C.E.P.R. Discussion Papers.
- Thomas Piketty & Emmanuel Saez & Stefanie Stantcheva, 2014. "Optimal Taxation of Top Labor Incomes: A Tale of Three Elasticities," American Economic Journal: Economic Policy, American Economic Association, vol. 6(1), pages 230-71, February.
- Stefanie Stantcheva & Emmanuel Saez & Thomas Piketty, 2012. "Optimal Taxation of Top Labor Incomes: A Tale of Three Elasticities," 2012 Meeting Papers 78, Society for Economic Dynamics.
- Thomas Piketty & Emmanuel Saez & Stefanie Stantcheva, 2014. "Optimal Taxation of Top Labor Incomes: A Tale of Three Elasticities," PSE - Labex "OSE-Ouvrir la Science Economique" halshs-00944873, HAL.
- Thomas Piketty & Emmanuel Saez & Stefanie Stantcheva, 2011. "Optimal Taxation of Top Labor Incomes: A Tale of Three Elasticities," NBER Working Papers 17616, National Bureau of Economic Research, Inc.
- Facundo Alvaredo & Emmanuel Saez, 2007.
"Income and wealth concentration in Spain in a historical and fiscal perspective,"
PSE Working Papers
- Alvaredo, Facundo & Saez, Emmanuel, 2006. "Income and Wealth Concentration in Spain in a Historical and Fiscal Perspective," CEPR Discussion Papers 5836, C.E.P.R. Discussion Papers.
- Anthony Atkinson & Thomas Piketty & Emmanuel Saez, 2011.
"Top Incomes in the Long Run of History,"
- Ohlsson, Henry & Roine, Jesper & Waldenstrom, Daniel, 2006.
"Long-Run Changes in the Concentration of Wealth: An Overview of Recent Findings,"
Working Paper Series
RP2006/103, World Institute for Development Economic Research (UNU-WIDER).
- Waldenström, Daniel & Ohlsson, Henry & Roine, Jesper, 2007. "Long-Run Changes in the Concentration of Wealth: An Overview of Recent Findings," Working Paper Series 699, Research Institute of Industrial Economics.
- Thomas Piketty, 2003. "Income Inequality in France, 1901-1998," Journal of Political Economy, University of Chicago Press, vol. 111(5), pages 1004-1042, October.
When requesting a correction, please mention this item's handle: RePEc:kud:epruwp:13-01. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Hoffmann)
If references are entirely missing, you can add them using this form.