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Top Incomes over the 20th Century

STICERD 25th Anniversary Lecture

Date: Tuesday 20 January 2004
Time: 6.00pm
Venue: Old Theatre, Old Building
: Professor Sir Tony Atkinson FBA
Chair: Professor Tim Besley

Much of the rise in income equality in the past 25 years is due to the rising income shares at the very top.  The share of the top one percent has doubled since 1978, reversing the long-run downward trend.  This lecture will examine evidence obtainable from income tax records about the upper tail of the distribution, charting its evolution and the impact of progressive taxation since 1908 when supertax was introduced in Lloyd George's controversial budget.  It will consider why continental Europe has been following a different path in the recent decades.

Sir Tony Atkinson is warden of Nuffield College, University of Oxford.  He was previously professor of political economy at the University of Cambridge, and chairman of STICERD, 1981 - 88.  He is a fellow of the British Academy, and has been president of the Royal Economic Society, the Econometric Society, the European Economic Association and the International Economic Association.

This is the first in a series of lectures to mark STICERD's 25th anniversary, featuring former chairmen of the department.  The series continues on Tuesday 16 March.

This event is free and open to all with no ticket required.  Entry is on a first come, first serve basis. 

For further information, contact Conferences on 020 7955 6043 or events@lse.ac.uk.

Sir Atkinson has drawn his lecture from two of his papers Top Incomes in the UK over the Twentieth Century and Income Tax and Top Incomes over the Twentieth Century.  These papers can be viewed here.