Volatile Top Income Shares in Switzerland? Reassessing the Evolution between 1981 and 2010

• 成果类型: Article
• 署名作者: Foellmi, Reto; Martinez, Isabel Z.
• 署名单位: University of St Gallen
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/REST_a_00644
• 发表日期: 2017-12
• 页码: 793-809
• 关键词: UNITED-STATES; WEALTH

摘要

In the past twenty years, the share of top incomes in Switzerland has risen, while exhibiting large variations. Switzerland is similar to European countries for the top 1% but closer to the United States for higher top income groups. With the synthetic control method, we close a time gap in the tax data, exploiting the fact that Swiss cantons changed their tax system at different points in time. Using social security data, which cover all top labor incomes, we document the growing importance of labor compared to capital incomes among top income earners in Switzerland.