Importing inequality: immigration and the top 1 percent
Importing inequality: immigration and the top 1 percent
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DOI:
10.1920/wp.ifs.2020.3120
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发表时间:
2020-09
期刊:
影响因子:
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通讯作者:
A. Advani;Felix Koenig;L. Pessina;A. Summers
中科院分区:
文献类型:
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作者:
A. Advani;Felix Koenig;L. Pessina;A. Summers
In this paper we study the contribution of migrants to the rise in UK top incomes. Using administrative data on the universe of UK taxpayers we show migrants are over-represented at the top of the income distribution, with migrants twice as prevalent in the top 0.1% as anywhere in the bottom 97%. These high incomes are predominantly from labour, rather than capital, and migrants are concentrated in only a handful of industries, predominantly finance. Almost all (85%) of the growth in the UK top 1% income share over the past 20 years can be attributed to migration.