TY - RPRT AU - Björklund, Anders AU - Roine, Jesper AU - Waldenström, Daniel TI - Intergenerational Top Income Mobility in Sweden: A Combination of Equal Opportunity and Capitalistic Dynasties PY - 2008/Oct/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 3801 UR - https://www.iza.org/index.php/publications/dp3801 AB - This paper presents new evidence on intergenerational income and earnings mobility in the top of the distributions. Using a large dataset of matched father-son pairs in Sweden we are able to obtain results for fractions as small as 0.1 percent of the population. Overall, mobility is lower for incomes than for earnings and it appears to decrease the higher up in the distribution one goes. In the case of incomes, however, we find that mobility decreases dramatically within the top percentile of the population. Our results suggest that Sweden, well-known for its egalitarian achievements, is a society where equality of opportunity for a large majority of wage earners coexists with capitalistic dynasties. KW - income inequality KW - earnings inequality KW - top incomes KW - intergenerational income mobility KW - welfare state KW - non-linear regression KW - quantile regression ER -