Work

Who Gets What? How Income and Saving in Norway Have Changed across Income Groups

Year: 2021
Type: dissertation
Study design: Observational Study
Abstract: Income inequality has risen in most developed countries for the last four decades.I use microdata on Norwegian households to investigate what kinds of income and saving is most important for different income groups, and whether the income shares have changed over time.I find that salaries are by far the most important source for all groups but the top 1%, where capital and business play bigger roles.I also find that savings are more differentiated than income in all groups, but that this too increases with income.Lastly, I find that the 2006 tax reform played a huge role in shaping income shares between richer and poorer groups in the much of the 2000s, which poses a problem for analysing changes over time.However, when implementing some simple adjustments to correct for this, I find that there is some significant changes to the income shares over time, with the bottom 90% getting less of total household income, the 91-99 th percentiles getting more and the top 1% being somewhat ambiguous.ii
Author: Alsvik, Johannes Hveem
Language: English
Open Access status: green
OpenAlex ID: W6997419398
Cites: 15
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Related to: 10