Skip navigation
Skip navigation

Do rising top incomes lift all boats?

Andrews, Dan; Jencks, Christopher; Leigh, Andrew

Description

Pooling data for 1905 to 2000, we find no systematic relationship between top income shares and economic growth in a panel of 12 developed nations observed between 22 and 85 years. After 1960, however, a one percentage point rise in the top decile's income share is associated with a statistically significant 0.12 point rise in GDP growth during the following year. This relationship is not driven by changes in either educational attainment or top tax rates. If the increase in inequality is...[Show more]

CollectionsANU Research Publications
Date published: 2011
Type: Journal article
URI: http://hdl.handle.net/1885/66673
Source: The BE Journal of Economic Analysis & Policy

Download

File Description SizeFormat Image
01_Andrews_Do_rising_top_incomes_lift_all_2011.pdf444.07 kBAdobe PDF    Request a copy


Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  20 July 2017/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator