@TechReport{iza:izadps:dp14737,
            	author={Herault, Nicolas and Hyslop, Dean R. and Jenkins, Stephen P. and Wilkins, Roger},
            	title={Rising Top-Income Persistence in Australia: Evidence from Income Tax Data},
            	year={2021},
	month={Sep},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={14737},
            	url={https://www.iza.org/publications/dp14737},
	abstract={We use a new Australian longitudinal income tax dataset, Alife, covering 1991–2017, to examine levels and trends in the persistence in top-income group membership, focussing on the top 1%. We summarize persistence in multiple ways, documenting levels and trends in rates of remaining in top-income groups; re-entry to the top; the income changes associated with top-income transitions; and we also compare top-income persistence rates for annual and 'permanent' incomes. Regardless of the perspective taken, top-income persistence increased markedly over the period, with most of the increase occurring in the mid-2000s and early 2010s. In the mid- to late-2010s, Australian top-income persistence rates appear to have been near the top of the range of tax-data estimates for other countries. Using univariate breakdowns and multivariate regression, we show that the rise in top-income persistence in Australia was experienced by many population subgroups.},
	keywords={income mobility;top-income persistence;top incomes},
            }