Atkinson, Anthony B. and Leigh, Andrew (2008) Top incomes in New Zealand 1921-2005: understanding the effects of marginal tax rates, migration threat, and the macroeconomy. Review of Income and Wealth, 54 (2). pp. 149-165. ISSN 0034-6586
Full text not available from this repository.Abstract
Using taxation statistics, we estimate the income share held by top income groups in New Zealand over the period 1921–2005. We find that the income share of the richest fell during the 1930s, rose again after the Second World War, and steadily declined from the late-1950s until the mid-1980s. From the mid-1980s until the mid-1990s, top income shares rose rapidly, particularly at the very top of the distribution. We present evidence that top marginal tax rates and changing top income shares in Australia and the United Kingdom may have contributed to fluctuations in the income share of the richest 1 percent. Past economic growth does not seem to have a strong effect on the income share of the top percentile group.
| Item Type: | Article |
|---|---|
| Official URL: | http://www.wiley.com/bw/journal.asp?ref=0034-6586 |
| Additional Information: | © 2008 The Authors. Journal compilation © 2008 International Association for Research in Income and Wealth |
| Divisions: | Economics STICERD |
| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HC Economic History and Conditions |
| JEL classification: | D - Microeconomics > D3 - Distribution > D31 - Personal Income, Wealth, and Their Distributions N - Economic History > N3 - Labor and Consumers, Demography, Education, Health, Income, and Wealth > N37 - Economic History: Labor and Consumers, Demography, Education, Health, Income and Wealth: Africa; Oceania |
| Date Deposited: | 28 Mar 2011 10:10 |
| Last Modified: | 11 Dec 2024 23:23 |
| URI: | http://eprints.lse.ac.uk/id/eprint/33659 |
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