Importing inequality: immigration and the top 1 percent

Arun Advani, Felix Koenig, Lorenzo Pessina and Andy Summers

CEP Discussion Papers from Centre for Economic Performance, LSE

Abstract: 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 mi-grants 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.

JEL-codes: H2 J3 J6 (search for similar items in EconPapers)
Date: 2020-09-24
New Economics Papers: this item is included in nep-int
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Citations: View citations in EconPapers (17)

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https://cep.lse.ac.uk/pubs/download/dp1717.pdf (application/pdf)

Related works:
Working Paper: Importing Inequality: Immigration and the Top 1 Percent (2020)
Working Paper: Importing Inequality: Immigration and the Top 1 percent (2020)
Working Paper: Importing inequality: immigration and the top 1 percent (2020)
Working Paper: Importing inequality: immigration and the top 1 percent (2020)
Working Paper: Importing Inequality: Immigration and the Top 1 Percent (2020)
Working Paper: Importing inequality: Immigration and the Top 1 percent (2020)
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