Le chaînon manquant ? Les modèles institutionnels pour expliquer l’évolution du 1 % le plus riche

Nicolas Zorn

Revue d'économie politique, 2016, vol. 126, issue 6, 991-1021

Abstract: Since the middle of the 1980s, the top one percent in developed countries took one of two different directions; in English-speaking countries they saw a sharp rise of income earned, while the top one percent in other developed countries only had a moderate or no increase at all. Institutional factors best explain these divergent patterns. Yet the importance of institutions in the economy is above all of a combinatorial nature. As underlined by the Varieties of capitalism and other institutional model approaches, xinstitutions will not necessarily produce the same results in different institutional contexts, and two different institutional combinations can produce similar results. These theories add an important element to understand the evolution of top incomes.

Keywords: inequality; top one percent; institutional model; variety of capitalism; welfare-state; macro-region (search for similar items in EconPapers)
Date: 2016
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