@TechReport{iza:izadps:dp10667,
            	author={Rubolino, Enrico and Waldenström, Daniel},
            	title={Trends and Gradients in Top Tax Elasticities: Cross-Country Evidence, 1900–2014},
            	year={2017},
	month={Mar},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={10667},
            	url={https://www.iza.org/index.php/publications/dp10667},
	abstract={We compile data spanning the period 1900–2014 and up to 30 countries to study long-run patterns in the tax elasticity of top incomes. Our results show that top tax elasticities vary tremendously over time; they were medium-to-low before 1950, virtually zero during the postwar era up to 1980 and have thereafter increased to unprecedented levels. We document a strong income gradient in tax response within the top, underlining the importance to study even small top groups separately. Several mechanisms are investigated. Tax-driven income shifting between wage and capital income is important in the very top. Wars, financial crises, and country-specific effects and trends have bearing on top elasticities whereas standard macroeconomic factors and indicators of "real responses" do not.
},
	keywords={taxation;income inequality;economic history},
            }