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|Title:||Completing the bathtub? The development of top incomes in Germany, 1907 - 2007 |
Krämer, Hagen M.
|Issue Date:||2012 |
|Series/Report no.:||SOEPpapers on multidisciplinary panel data research 451|
|Abstract:||This paper examines the evolution of top incomes in Germany from 1907-2007 with a special focus on past decades. A more detailed analysis of German top incomes is conducted, beginning with a review of selected income distribution measures which indicate that high incomes have played a significant role for income divergence in recent years. Based on new data it is shown that top income shares have indeed increased substantially in the recent past, a process which is mainly due to a relative rise in employment rather than capital income within the top income groups. Finally, some theories explaining high incomes of the working rich are discussed.|
|Subjects:||top income shares|
|Document Type:||Working Paper|
|Appears in Collections:||SOEPpapers on Multidisciplinary Panel Data Research, DIW|
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