Why Should Inequality Researchers Care about the Rich?

IFC Bulletin, No. 28, pp. 421-427, August 2008

7 Pages Posted: 13 Nov 2008

See all articles by Daniel Waldenström

Daniel Waldenström

Research Institute of Industrial Economics

Date Written: August 2, 2008

Abstract

This essay presents arguments for why precise and reliable estimates of top incomes and top wealth holdings are important for the economic analyses of issues concerning income and wealth distribution. First, I outline the most common theoretical motivations for why a specific focus on the absolute top of the distributions is important. Then some of the recent evidence of the Swedish concentration of income and wealth are sketched. Finally, I make some suggestions for future research and data collection efforts in order to improve the focus on estimating the incomes and wealth of the rich in society.

Suggested Citation

Waldenstrom, Daniel, Why Should Inequality Researchers Care about the Rich? (August 2, 2008). IFC Bulletin, No. 28, pp. 421-427, August 2008. Available at SSRN: https://ssrn.com/abstract=1300551

Daniel Waldenstrom (Contact Author)

Research Institute of Industrial Economics ( email )

P.O. Box 55665
Grevgatan 34, 2nd floor
Stockholm, SE-102 15
Sweden

HOME PAGE: http://www.ifn.se/danielw

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