, Anders Björklund
, Markus Jäntti
, Mårten Palme
(), Peder Pedersen
, Nina Smith
and Tom Wennemo
Rolf Aaberge: Statistics Norway
Anders Björklund: Stockholm University
Markus Jäntti: Åbo Akademi University
Mårten Palme: Department of Economic Statistics, Postal: Stockholm School of Economics, Box 6501, 113 83 Stockholm, Sweden.
Peder Pedersen: Århus University
Nina Smith: Århus School of Business
Tom Wennemo: Statistics Norway
Abstract: 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.
33 pages, First version: February 1996. Revised: August 2002.
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