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Based on a pioneering research programme on the evolution of top incomes, this volume brings together studies from 10 OECD countries. This rapidly growing field of economic research investigates the top segment of the income distribution by using data from income tax records over the past century. As well as describing the source data and methods employed, the authors also discuss the dramatic changes that have occurred at the top of the income scale throughout the 20th century.This fascinating study is the first of its kind to provide a comprehensive historic overview of top income distribution over the last century. It looks at why top incomes shares fell markedly in the first half of the 20th century and why, more recently, there has been a striking difference in the top income distribution between continental Europe and English-speaking OECD countries, like the UK, USA, and Australia. Written by Thomas Piketty, New York Times best-selling author of Capital in the Twenty-First Century, and noted member of the Conseil d'Analyse Economique, A. B. Atkinson, this seminal work provides rich pickings for those with an interest in inequality, development, the economic impact of war, taxation, economic history, and executive compensation.
This volume investigates the long-term evolution of top income shares across ten OECD countries to explain the divergence in inequality patterns between continental Europe and English-speaking nations. Authors A. B. Atkinson and Thomas Piketty, both distinguished economists, utilize longitudinal data derived from historical income tax records. By analyzing the twentieth century, they construct a comparative framework that accounts for the impact of war, fiscal policy, and institutional shifts on the concentration of wealth. Their research provides a rigorous empirical basis for understanding how different economic models influence the distribution of income at the highest levels.
What You Will Find
Experts recognize this work as a foundational text for understanding the empirical study of income inequality. Readers frequently note the academic density of the prose, which provides a rigorous and data-heavy examination of historical economic trends.
Page Count:
606
Publication Date:
2014-09-03
Publisher:
Oxford University Press
ISBN-10:
0198727755
ISBN-13:
9780198727750
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