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The world's developed economies are experiencing a sharp backlash against globalisation, and it appears to be contagious. Will Asia catch it next? Asia has seen spectacular growth in recent decades. It has benefited substantially from global trade, finance, openness and the rules-based...
Persistent link: https://www.econbiz.de/10014321736
This paper presents new evidence on intergenerational mobility in the top of the income and earnings distribution … the top, more so for income than for earnings. In the extreme top (top 0.1 percent) income transmission is remarkable with … fathers' income are, if anything, negatively associated with these variables. Wealth, on the other hand, has a significantly …
Persistent link: https://www.econbiz.de/10010320406
In this paper we use newly compiled top income share data to estimate common breaks and trends across countries over … seem to be as clear cut as previously suggested. Some continental European countries have had increases in top income … display a marked "Anglo-Saxon" pattern, with sharply increased top income shares. Unlike in the Anglo-Saxon countries, however …
Persistent link: https://www.econbiz.de/10010320368