Importing inequality: immigration and the top 1 percent

Arun Advani, Felix Koenig, Lorenzo Pessina and Andy Summers
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Lorenzo Pessina: Institute for Fiscal Studies and Columbia University, New York
Andy Summers: Institute for Fiscal Studies and London School of Economics

No W20/31, IFS Working Papers from Institute for Fiscal Studies

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, predominately finance. Almost all (85%) of the growth in the UK top 1% income share over the past 20 years can be attributed to migration.

Date: 2020-09-21
New Economics Papers: this item is included in nep-cwa and nep-int
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Related works:
Working Paper: Importing inequality: immigration and the top 1 percent (2020)
Working Paper: Importing Inequality: Immigration and the Top 1 Percent (2020)
Working Paper: Importing Inequality: Immigration and the Top 1 percent (2020)
Working Paper: Importing inequality: immigration and the top 1 percent (2020)
Working Paper: Importing Inequality: Immigration and the Top 1 Percent (2020)
Working Paper: Importing inequality: Immigration and the Top 1 percent (2020)
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