nad a22 4500 555301907 20190206085811.0 cr unu---uuuuu 190206e20190101xx s 000 0 eng 10.5167/uzh-166655 doi 10.1093/restud/rdy027 doi (ZORA)oai:www.zora.uzh.ch:166655 330 ddc Innovation and top income inequality [Elektronische Daten] [Philippe Aghion, Ufuk Akcigit, Antonin Bergeaud, Richard Blundell, David Hémous] openAccess eu-repo In this article, we use cross-state panel and cross-U.S. commuting-zone data to look at the relationship between innovation, top income inequality and social mobility. We find positive correlations between measures of innovation and top income inequality. We also show that the correlations between innovation and broad measures of inequality are not significant. Next, using instrumental variable analysis, we argue that these correlations at least partly reflect a causality from innovation to top income shares. Finally, we show that innovation, particularly by new entrants, is positively associated with social mobility, but less so in local areas with more intense lobbying activities. Department of Economics zora Top income, inequality, innovation, patenting, citations, social mobility, incumbents, entrant zora Aghion Philippe joint author Akcigit Ufuk joint author Bergeaud Antonin joint author Blundell Richard joint author Hémous David joint author Review of Economic Studies 86(1):1-45 https://www.zora.uzh.ch/id/eprint/166655/1/Innovation_Hemous_akz.pdf text/html WWW-Backlink auf das Repository Onlinezugriff via WWW text/html https://academic.oup.com/restud/article/86/1/1/5026613?searchresult=1 ZORA 1 Journal Article PeerReviewed zora ZORA 856 40 https://www.zora.uzh.ch/id/eprint/166655/1/Innovation_Hemous_akz.pdf text/html WWW-Backlink auf das Repository ZORA 856 42 Onlinezugriff via WWW text/html https://academic.oup.com/restud/article/86/1/1/5026613?searchresult=1 ZORA 700 1- Aghion Philippe joint author ZORA 700 1- Akcigit Ufuk joint author ZORA 700 1- Bergeaud Antonin joint author ZORA 700 1- Blundell Richard joint author ZORA 700 1- Hémous David joint author ZORA 773 0- Review of Economic Studies 86(1):1-45 SWISSBIB 527007404 BK010053 XK010053 XK010000 ZORA ZORA ZORA Journal Article openAccess