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Top Incomes in New Zealand 1921-2005: Understanding the Effects of Marginal Tax Rates, Migration Threat, and the Macroeconomy

Atkinson, Anthony B.; Leigh, Andrew

Description

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]

CollectionsANU Research Publications
Date published: 2008
Type: Journal article
URI: http://hdl.handle.net/1885/31857
Source: Review of Income and Wealth
DOI: 10.1111/j.1475-4991.2008.00268.x

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