Arbeitspapier

Immigration and the top 1 percent

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 migrants twice as prevalent in the top 0.01% 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 (90%) of the observed growth in the UK top 1% income share over the past 20 years has accrued to migrants.

Language
Englisch

Bibliographic citation
Series: ZEW Discussion Papers ; No. 22-061

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Advani, Arun
Koenig, Felix
Pessina, Lorenzo
Summers, Andy
Event
Veröffentlichung
(who)
ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
(where)
Mannheim
(when)
2022

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Advani, Arun
  • Koenig, Felix
  • Pessina, Lorenzo
  • Summers, Andy
  • ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung

Time of origin

  • 2022

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