Income Inequality and Income Mobility in the Scandinavian Countries Compared to the United States
Stockholm School of Economics WPS 98
Posted: 11 May 1998
Date Written: February 1996
This paper compares income inequality and income mobility in the Scandinavian countries and the United States during the 1980s. The results demonstrate that inequality is greater in the United States than in the Scandinavian countries and that the ranking of countries with respect to inequality remains unchanged when the accounting period of income is extended from one to 11 years. The pattern of mobility turns out to be remarkably similar despite major differences in labor market and social policies between the Scandinavian countries and the United States.
JEL Classification: D31, J31
Suggested Citation: Suggested Citation