|
|
|
|
||||
|
||||
From Bottom to Top: The Entire Distribution of Market Income in Germany, 1992-2001Stefan BachGerman Institute for Economic Research (DIW Berlin) Giacomo CorneoFree University of Berlin (FUB); Universität Osnabrück - Faculty of Business Administration - Department of Economics; CESifo (Center for Economic Studies and Ifo Institute for Economic Research); Centre for Economic Policy Research (CEPR); Institute for the Study of Labor (IZA) Viktor SteinerZentrum Fuer Europaeische Wirtschaftsforschung (ZEW) - Center for European Economic Research; Institute for the Study of Labor (IZA) April 2007 CEPR Discussion Paper No. DP6251 Abstract: We analyze the distribution and concentration of market incomes in Germany in the period 1992 to 2001 on the basis of an integrated data set of individual tax returns and the German Socio-Economic Panel. The unique feature of this integrated data set is that it encompasses the whole spectrum of the population, from the very poor to the very rich. We find a modest increase in overall inequality of market incomes as measured by the Gini coefficient. However, we also document a substantial drop of median income and a remarkable income growth at the top 0.1% of the income distribution. The increase of income inequality was stronger in East Germany than in West Germany. In both regions, the income concentration process strongly benefited the economic elite, which we define as the richest 0.001% persons in the population. While the elite mainly obtains its income from business and capital, the income share that it receives in form of wage income is increasing.
Number of Pages in PDF File: 31 Keywords: income distribution, inequality JEL Classification: D31, D33, H24 working papers seriesDate posted: May 21, 2008Suggested CitationContact Information
|
|
|||||||||||||||||||||||||||||||
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
FAQ
Terms of Use
Privacy Policy
Copyright
This page was processed by apollo7 in 0.813 seconds
Add to Cart
