Intergenerational top income persistence: Denmark half the size of Sweden

Martin D. Munk, Jens Bonke and M. Azhar Hussain

Economics Letters, 2016, vol. 140, issue C, 31-33

Abstract: In this paper, we investigate intergenerational top earnings and top income mobility in Denmark. Access to administrative registers allowed us to look at very small fractions of the population. We find that intergenerational mobility is lower in the top when including capital income in the income measure—for the rich top 0.1% fathers and sons the elasticity is 0.466. Compared with Sweden, however, the intergenerational top income persistence is about half the size in Denmark.

Keywords: Intergenerational top income persistence; Top incomes; Piecewise (spline) regression (search for similar items in EconPapers)
JEL-codes: C2 D3 D6 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:140:y:2016:i:c:p:31-33

DOI: 10.1016/j.econlet.2015.11.038

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