Advani, Arun, Koenig, Felix, Pessina, Lorenzo and Summers, Andrew ORCID: 0000-0002-4978-7743
(2025)
Immigration and the top 1 percent.
Review of Economics and Statistics, 107 (4).
1123 – 1135.
ISSN 0034-6535
![]() |
Text (Immigration and the Top 1 Percent)
- Accepted Version
Download (375kB) |
Abstract
Using administrative data on the universe of U.K. taxpayers, we study the contribution of migrants to the rise in U.K. top incomes. We show that migrants are over-represented at the top of the income distribution, with migrants twice as prevalent in the top 0.01% as anywhere in the bottom 97% of taxpayers. These high incomes are predominantly from labor, rather than capital, and migrants are concentrated in only a handful of industries, predominantly finance. All of the observed growth in the U.K. top 1% income share over the past 20 years has accrued to migrants.
Item Type: | Article |
---|---|
Additional Information: | © 2024 The President and Fellows of Harvard College and the Massachusetts Institute of Technology |
Divisions: | Law School |
Subjects: | K Law |
Date Deposited: | 09 Feb 2024 11:24 |
Last Modified: | 08 Aug 2025 16:21 |
URI: | http://eprints.lse.ac.uk/id/eprint/121988 |
Actions (login required)
![]() |
View Item |