Top Incomes in Canada: Evidence from the Census

Thomas Lemieux and W. Craig Riddell

No 9037, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper looks at the evolution of incomes at the top of the distribution in Canada. Master files of the Canadian Census are used to study the composition of top income earners between 1981 and 2011. Our main finding is that, as in the United States, executives and individuals working in the financial and business services sectors are the two most important groups driving the growth in top incomes in Canada. A finding more specific to Canada is that the oil and gas sector has also played an important role in income growth at the top, especially in more recent years. Another arguably Canadian-specific finding is that holders of medical degrees have lost ground compared to other top income earners. Finally, despite the IT revolution, scientists, engineers and even computer scientists do not account for much of the growth in top incomes in Canada.

Keywords: income inequality; top incomes; labour's share; executive compensation; rent extraction (search for similar items in EconPapers)
JEL-codes: D31 D33 F66 G30 H24 (search for similar items in EconPapers)
Pages: 53 pages
Date: 2015-05
New Economics Papers: this item is included in nep-lma
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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Related works:
Working Paper: Top Incomes in Canada: Evidence from the Census (2015)
Working Paper: Top Incomes in Canada: Evidence from the Census (2015)
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