Top Incomes in New Zealand 1921-2005: Understanding the Effects of Marginal Tax Rates, Migration Threat, and the Macroeconomy
Using taxation statistics, we estimate the income share held by top income groups in New Zealand over the period 1921-2005. We find that the income share of the richest fell during the 1930s, rose again after the Second World War, and steadily declined from the late-1950s until the mid-1980s. From the mid-1980s until the mid-1990s, top income shares rose rapidly, particularly at the very top of the distribution. We present evidence that top marginal tax rates and changing top income shares in...[Show more]
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|Source:||Review of Income and Wealth|
|01_Atkinson_Top_Incomes_in_New_Zealand_2008.pdf||240.41 kB||Adobe PDF||Request a copy|
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