EconPapers    
Economics at your fingertips  
 

Importing Inequality: Immigration and the Top 1 percent

Arun Advani, Felix Koenig, Lorenzo Pessina and Andy Summers
Additional contact information
Lorenzo Pessina: Columbia University
Andy Summers: London School of Economics

CAGE Online Working Paper Series from Competitive Advantage in the Global Economy (CAGE)

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.

Keywords: JEL Classification: H2; J3; J6. (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-eur and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://warwick.ac.uk/fac/soc/economics/research/c ... tions/wp508.2020.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
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:cge:wacage:508

Access Statistics for this paper

More papers in CAGE Online Working Paper Series from Competitive Advantage in the Global Economy (CAGE) Contact information at EDIRC.
Bibliographic data for series maintained by Jane Snape ().

 
Page updated 2021-06-22
Handle: RePEc:cge:wacage:508