Income Inequality and Income Mobility in the Scandinavian Countries Compared to the United States

Rolf Aaberge (), Anders Bjorklund (), Markus Jäntti, Mårten Palme (), Peder Pedersen, Nina Smith () and Tom Wennemo
Additional contact information
Markus Jäntti: Åbo Akademi University
Mårten Palme: Department of Economic Statistics, Postal: Stockholm School of Economics, Box 6501, 113 83 Stockholm, Sweden.
Peder Pedersen: Århus University
Tom Wennemo: Statistics Norway

No 98, Working Paper Series in Economics and Finance from Stockholm School of Economics

Abstract: This paper compares income inequality and income mobility in the Scandinavian countries and the United States during the 1980s. The results demonstrate that inequality is greater in the United states than in the Scandinavian countries and that the ranking of countries with respect to inequality remains unchanged when the accounting period of income is extended from one to 11 years. The pattern of mobility turns out to be remarkably similar despite major differences in labor market and social policies between the Scandinavian countries and the United States.

Keywords: Income distribution; earnings mobility (search for similar items in EconPapers)
JEL-codes: D31 J31 (search for similar items in EconPapers)
Date: 1996-02, Revised 2002-08
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Forthcoming in Review of Income and Wealth.

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Related works:
Working Paper: Income Inequality and Income Mobility in the Scandinavian Countries Compared to the United States (1996)
Journal Article: Income Inequality and Income Mobility in the Scandinavian Countries Compared to the United States (2002)
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Persistent link: http://EconPapers.repec.org/RePEc:hhs:hastef:0098

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