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- W2155025890 abstract "This paper uses tax statistics to construct new series on Canadian top income shares from 1920 to 2000. As in the United States, top income shares in Canada display a U-shaped pattern over the century, with a precipitous drop during World War II, followed by a slower decline until 1970. Since the late 1970s, top income shares have been increasing dramatically and the very top shares are now as high as in the pre-war era. As in the United States, the recent increase in top income shares is the consequence of a surge in top wages and salaries. The Canadian experience since the late 1970s does not appear to be well explained by tax changes, suggesting that the upward trend in Canada derives from the United States, perhaps because many high-income Canadians have an emigration option. This in turn suggests that the recent increase in U.S. personal income top shares is not merely a change in tax reporting behavior. The recent sharp increase in top income shares in Canada is of the same magnitude at both the individual and family level and has not been associated with any increase in income mobility at the top." @default.
- W2155025890 created "2016-06-24" @default.
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- W2155025890 date "2003-04-01" @default.
- W2155025890 modified "2023-10-04" @default.
- W2155025890 title "The Evolution of High Incomes in Canada, 1920-2000" @default.
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- W2155025890 doi "https://doi.org/10.3386/w9607" @default.
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