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Importing Inequality: Immigration and the Top 1 Percent

Arun Advani, Felix Koenig, Lorenzo Pessina and Andy Summers

No 8665, CESifo Working Paper Series from CESifo

Abstract: In this paper we study the contribution of migrants to the rise in UK top incomes. Using administrative data on the universe of UK taxpayers we show migrants are over-represented at the top of the income distribution, with migrants twice as prevalent in the top 0.1% as anywhere in the bottom 97%. These high incomes are predominantly from labour, rather than capital, and migrants are concentrated in only a handful of industries, predominantly finance. Almost all (85%) of the growth in the UK top 1% income share over the past 20 years can be attributed to migration.

JEL-codes: H20 J30 J60 (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-int and nep-lab
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https://www.cesifo.org/DocDL/cesifo1_wp8665.pdf (application/pdf)

Related works:
Working Paper: Importing inequality: immigration and the top 1 percent (2020) Downloads
Working Paper: Importing Inequality: Immigration and the Top 1 percent (2020) Downloads
Working Paper: Importing inequality: immigration and the top 1 percent (2020) Downloads
Working Paper: Importing Inequality: Immigration and the Top 1 Percent (2020) Downloads
Working Paper: Importing inequality: Immigration and the Top 1 percent (2020) Downloads
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