4 ms·

The paper isn't linked in the article (I think the parent was referring to the article). I think you're referring to the paper here: https://scholar.harvard.edu

The paper isn't linked in the article (I think the parent was referring to the article). I think you're referring to the paper here: https://scholar.harvard.edu/files/stantcheva/files/alesina_stantcheva_teso_mobility.pdf#page=12 https://scholar.harvard.edu/files/stantcheva/files/alesina_s... Looking at it myself now, it doesn't seem like the US is all that different from the other countries examined, e.g. US 12.7% Q1->Q4 vs. 12.9% for UK vs. 12.8% for France. For Q1->Q3 it's somewhat higher (18.7% vs. 19.9% for UK for example) but for Q1->Q2 the US is also higher than the others (e.g., 27.7% US vs. 25.1% UK).

twoodfin 5y ago
Indeed. Some quick digging came up with UK figures from 2019[1]: Average in Q1: £13,300 Average in Q4: £35,700 For US stats, Googling only got 2018 figures[2]: Average in Q1: $13,775 Average in Q4: $101,570 So there’s a big absolute distinction hiding behind those similar relative %’s. [1] https://www.ethnicity-facts-figures.service.gov.uk/work-pay-and-benefits/pay-and-income/income-distribution/latest https://www.ethnicity-facts-figures.service.gov.uk/work-pay-... [2] https://www.taxpolicycenter.org/statistics/household-income-quintiles https://www.taxpolicycenter.org/statistics/household-income-...