EconPapers    
Economics at your fingertips  
 

Top Earners: Cross-Country Facts

Alejandro Badel (), Moira Daly (), Mark Huggett () and Martin Nybom ()

Review, 2018, vol. 100, issue 3, 237-57

Abstract: We provide a common set of life cycle earnings statistics based on administrative data from the United States, Canada, Denmark, and Sweden. We find three qualitative patterns, which are common across countries. First, top-earnings inequality increases over the working lifetime. Second, the extreme right tail of the earnings distribution becomes thicker with age over the working lifetime. Third, top lifetime earners exhibit dramatic earnings growth over their working lifetime. Models of top earners should account for these three patterns and, importantly, for how they quantitatively differ across countries.

JEL-codes: D31 D91 H21 J31 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://files.stlouisfed.org/files/htdocs/publicat ... ss-country-facts.pdf Full text (application/pdf)
https://doi.org/10.20955/r.100.237-57 https://doi.org/10.20955/r.100.237-57 (text/html)

Related works:
Working Paper: Top earners: cross-country facts (2017) Downloads
Working Paper: Top Earners: Cross-Country Facts (2017) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlrv:00104

Ordering information: This journal article can be ordered from
https://files.stloui ... htdocs/publications/

DOI: 10.20955/r.100.237-57

Access Statistics for this article

More articles in Review from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Anna Oates ().

 
Page updated 2019-10-20
Handle: RePEc:fip:fedlrv:00104