Varieties of Top Incomes

Varieties of Top Incomes
Hager, Sandy Brian. (2020). Socio-Economic Review. Vol. 18. No. 4. pp. 1175-1198. (Article - Journal; English).

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Alternative Locations

https://sbhager.com/wp-content/uploads/2019/05/Varieties-of-Top-Incomes.pdf, https://www.econstor.eu/handle/10419/232307

Abstract or Brief Description

Focusing on the advanced political economies, this article critically reviews the recent scholarship on the evolution of top incomes over the past few decades. The existing literature shows that the determination of top incomes is complex, multifaceted and bound up with factors associated with both politics and economics. Technological change and globalization are vital sources of change in contemporary capitalism, but the continued diversity in top income shares across the advanced capitalist world suggests that these forces alone cannot account for the empirical patterns. Instead, there is compelling evidence that power and politics, including government policy, trade union and left party strength, institutions and financialization, all play a pivotal role in regulating distributive outcomes. It is argued that future research will require a plurality of methodological approaches in order to clarify the complex causal process that drives top-end income concentration.

Language

English

Publication Type

Article - Journal

Keywords

income distribution

Subject

BN Labour
BN Law
BN Money & Finance
BN Power
BN Policy
BN Production
BN Science & Technology
BN State & Government
BN Business Enterprise
BN Capital & Accumulation
BN Class
BN Comparative
BN Conflict & Violence
BN Distribution
BN Growth
BN Industrial Organization
BN Institutions

Depositing User

Jonathan Nitzan

Date Deposited

30 Mar 2021 23:12

Last Modified

01 Apr 2021 16:05

URL:

https://bnarchives.net/id/eprint/684

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