Does Financial Deregulation Boost Top Incomes? Evidence from the Big Bang

We estimate the impact of financial market deregulation on top income shares. Using the novel synthetic control method to investigate the two ‘Big Bangs’ of financial deregulation, the UK in 1986 and Japan in 1997–9, we find that pre‐tax top income shares increased after both deregulation episodes....

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Bibliographic details
Volume: 85
Main Author: Tanndal, Julia
Waldenström, Daniel
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: HOBOKEN WILEY 01.04.2018
Wiley Subscription Services, Inc
published in: Economica (London) Vol. 85; no. 338; pp. 232 - 265
Data of publication: April 2018
ISSN: 0013-0427
1468-0335
EISSN: 1468-0335
Discipline: Economics
Subjects:
PAY
US
Online Access: Fulltext
Database: Social Sciences Citation Index
Web of Science - Social Sciences Citation Index – 2018
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