Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/36787 
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dc.contributor.authorAndrews, Danen
dc.contributor.authorJencks, Christopheren
dc.contributor.authorLeigh, Andrewen
dc.date.accessioned2010-05-05-
dc.date.accessioned2010-07-23T09:32:11Z-
dc.date.available2010-07-23T09:32:11Z-
dc.date.issued2010-
dc.identifier.urihttp://hdl.handle.net/10419/36787-
dc.description.abstractPooling 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 for 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 permanent, the increase in growth appears to be permanent. However, our estimates imply that it would take 13 years for the cumulative positive effect of faster growth on the mean income of the bottom nine deciles to offset the negative effect of reducing their share of total income.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x4920en
dc.subject.jelD31en
dc.subject.jelN10en
dc.subject.jelO57en
dc.subject.ddc330en
dc.subject.keywordInequalityen
dc.subject.keywordgrowthen
dc.subject.keywordincome distributionen
dc.subject.keywordnational incomeen
dc.subject.stwEinkommensverteilungen
dc.subject.stwSoziale Ungleichheiten
dc.subject.stwReichtumen
dc.subject.stwWirtschaftswachstumen
dc.subject.stwVerteilungswirkungen
dc.subject.stwIndustriestaatenen
dc.titleDo rising top incomes lift all boats?-
dc.type|aWorking Paperen
dc.identifier.ppn625325001en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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