Democracy, cognitive skill, and top 1% income share in the 21st century

Eiji Yamamura ()

MPRA Paper from University Library of Munich, Germany

Abstract: Studies to date have shown that income concentration for the top 1% income share, the super-rich, has increased conspicuously in the 21st century. However, there is insufficient knowledge on how political factors and types of human capital influence income concentration. Using cross-country data from this century, I provide empirical evidence that shows that democracy and cognitive skill are negatively correlated to the top 1% income share.

Keywords: Democracy; Cognitive skill; Top 1% income share (search for similar items in EconPapers)
JEL-codes: I24 P16 (search for similar items in EconPapers)
Date: 2015-04-22
New Economics Papers: this item is included in nep-gro, nep-neu and nep-pol
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:64194

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