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 …

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 …

framework is analytically tractable despite search frictions, income risks and endogenous money distributions. I use this … framework to formalize a theory that the variety and the functioning of markets reflect the status of national income. In the … sufficiently high expected real income. Uninsurable idiosyncratic income risks cause households to endogenously sort into various …