S-WoPEc
 
Scandinavian Working Papers in Economics
HomeAboutSeriesSubject/JEL codesAdvanced Search
The Economic Research Institute, Stockholm School of Economics SSE/EFI Working Paper Series in Economics and Finance

No 705:
Intergenerational top income mobility in Sweden – A combination of equal opportunity and capitalistic dynasties

Anders Björklund (), Jesper Roine () and Daniel Waldenström ()

Abstract: This paper presents new evidence on intergenerational income and earnings mobility in the top of the distributions. Using a large dataset of matched father-son pairs in Sweden we are able to obtain results for fractions as small as 0.1 percent of the population. Overall, mobil-ity is lower for incomes than for earnings and it appears to decrease the higher up in the distribution one goes. In the case of incomes, however, we find that mobility decreases dramatically within the top percentile of the population. Our results suggest that Sweden, well-known for its egalitarian achievements, is a society where equality of opportunity for a large majority of wage earners coexists with capitalistic dynasties.

Keywords: Intergenerational income mobility; top incomes; earnings inequality; income inequality; welfare state; non-linear regression; quantile regression; (follow links to similar papers)

JEL-Codes: D31; J62; (follow links to similar papers)

21 pages, November 4, 2008

Download Statistics



Questions (including download problems) about the papers in this series should be directed to Helena Lundin ()
Report other problems with accessing this service to Sune Karlsson () or Helena Lundin ().

Programing by
Design by Joachim Ekebom

Handle: RePEc:hhs:hastef:0705 This page was generated on 2014-12-14 19:23:11