Top earners: cross-country facts
Alejandro Badel (),
Moira Daly (),
Mark Huggett () and
Martin Nybom ()
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Alejandro Badel: Georgetown University and Bureau of Labor Statistics, Postal: USA
No 2017:9, Working Paper Series from IFAU - Institute for Evaluation of Labour Market and Education Policy
We provide a common set of life-cycle earnings statistics using administrative data from the United States, Canada, Denmark and Sweden. Three qualitative patterns are common across countries: (1) the earnings distribution above the median fans out with age, (2) the extreme right tail of the earnings distribution becomes thicker with age, and (3) the growth rate of earnings over the working lifetime is larger for groups with higher lifetime earnings. Models of top earners should account for these qualitative patterns and, importantly, for how they quantitatively differ across countries.
Keywords: earnings; inequality; top earners; top incomes (search for similar items in EconPapers)
JEL-codes: D31 D91 H21 J31 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age and nep-lma
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Journal Article: Top Earners: Cross-Country Facts (2018)
Working Paper: Top Earners: Cross-Country Facts (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:ifauwp:2017_009
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