In today’s article, Christina Anselmann and Hagen Krämer discuss the working rich phenomenon and rising income differences in Germany.
They argue that the reasons or theories that are predominantly put forward do not fully explain these issues. They conclude that it is doubtful that rising top incomes in Germany are economically and socially sustainable.
Christina Anselmann is a research student whose research interests include macroeconomiccs and income inequality. Hagen Krämer is a professor of economics at the Department of Management and Engineering at Karlsruhe University of Applied Sciences (Germany) whose research interests include income distribution and growth.
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The GLC editors,
Nicolas and Phumzile