Modeling Income Distributions and Lorenz Curves

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Publisher : Springer Science & Business Media
ISBN 13 : 0387727965
Total Pages : 322 pages
Book Rating : 4.3/5 (877 download)

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Book Synopsis Modeling Income Distributions and Lorenz Curves by : Duangkamon Chotikapanich

Download or read book Modeling Income Distributions and Lorenz Curves written by Duangkamon Chotikapanich and published by Springer Science & Business Media. This book was released on 2008-09-16 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jean-Jacques Rousseau wrote in the Preface to his famous Discourse on Inequality that “I consider the subject of the following discourse as one of the most interesting questions philosophy can propose, and unhappily for us, one of the most thorny that philosophers can have to solve. For how shall we know the source of inequality between men, if we do not begin by knowing mankind?” (Rousseau, 1754). This citation of Rousseau appears in an article in Spanish where Dagum (2001), in the memory of whom this book is published, also cites Socrates who said that the only useful knowledge is that which makes us better and Seneca who wrote that knowing what a straight line is, is not important if we do not know what rectitude is. These references are indeed a good illustration of Dagum’s vast knowledge, which was clearly not limited to the ?eld of Economics. For Camilo the ?rst part of Rousseau’s citation certainly justi?ed his interest in the ?eld of inequality which was at the centre of his scienti?c preoccupations. It should however be stressed that for Camilo the second part of the citation represented a “solid argument in favor of giving macroeconomic foundations to microeconomic behavior” (Dagum, 2001). More precisely, “individualism and methodological holism complete each other in contributing to the explanation of individual and social behavior” (Dagum, 2001).

The Distribution of Personal Income

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Publisher :
ISBN 13 :
Total Pages : 144 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis The Distribution of Personal Income by : T. Paul Schultz

Download or read book The Distribution of Personal Income written by T. Paul Schultz and published by . This book was released on 1965 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Inequality and Income Distribution

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Publisher : Cambridge University Press
ISBN 13 : 9780521589598
Total Pages : 432 pages
Book Rating : 4.5/5 (895 download)

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Book Synopsis Economic Inequality and Income Distribution by : D. G. Champernowne

Download or read book Economic Inequality and Income Distribution written by D. G. Champernowne and published by Cambridge University Press. This book was released on 1998 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic inequality has become a focus of prime interest for economic analysts and policy makers. This book provides an integrated approach to the topics of inequality and personal income distribution. It covers the practical and theoretical bases for inequality analysis, applications to real world problems and the foundations of theoretical approaches to income distribution. It also analyses models of the distribution of labour earnings and of income from wealth. The long-run development of income - and wealth - distribution over many generations is also examined. Special attention is given to an assessment of the merits and weaknesses of standard economic models, to illustrating the implications of distributional mechanisms using real data and illustrative examples, and to providing graphical interpretation of formal arguments. Examples are drawn from US, UK and international sources.

The Distribution of Personal Income

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Publisher :
ISBN 13 :
Total Pages : 148 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Distribution of Personal Income by : United States. Congress. Economic Joint Committee

Download or read book The Distribution of Personal Income written by United States. Congress. Economic Joint Committee and published by . This book was released on 1965 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Personal Income Distribution

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Publisher : Springer Science & Business Media
ISBN 13 : 9400987609
Total Pages : 225 pages
Book Rating : 4.4/5 (9 download)

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Book Synopsis Personal Income Distribution by : J.A. Hartog

Download or read book Personal Income Distribution written by J.A. Hartog and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Het is mogelijk dat het orimogelijk is om iets nieuwer enjuister te zeggen, maar over al het geschrevene daalt het stof der tijden neer, en ik peins daarom dat het goed is als er om de 10 jaar een andere een kruis trekt over al die oude dingen, en de wereld-van-vandaag opnieuw uitspreekt 1 met andere woorden.-Louis Paul Boon (1972) 1.1 THE PROBLEM The distribution of labor incomes is a problem with two aspects, each of which has received ample attention in the literature. The first aspect relates to the shape of the frequency distribution of individuals according to their (labor) incomes. Analytical contributions include the so-called stochastic theories of income dis tribution, such as Gibrat's law of proportionate effect, Champernowne's and Rutherford's Markov-chain models, and Pigou's puzzle. The question is, If abil ities are normally distributed, why should the distribution of incomes deviate from this shape? This deviation is the basic fact that these theories explain: in come distributions, whatever the time and place of observation, are positively skewed. 2 CHAPTER 1 The second aspect of the distribution of labor incomes is the problem of wage differentials: why do wages differ, why do all workers not earn the same wage? This question has been a standard problem ever since Adam Smith dealt with it.

Thinking about Inequality

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Publisher : Cambridge University Press
ISBN 13 : 9780521466967
Total Pages : 202 pages
Book Rating : 4.4/5 (669 download)

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Book Synopsis Thinking about Inequality by : Yoram Amiel

Download or read book Thinking about Inequality written by Yoram Amiel and published by Cambridge University Press. This book was released on 1999-12-09 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: A non-technical analysis of inequality and income distribution, first published in 1999.

Econophysics of Wealth Distributions

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Publisher : Springer Science & Business Media
ISBN 13 : 884700389X
Total Pages : 251 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis Econophysics of Wealth Distributions by : Arnab Chatterjee

Download or read book Econophysics of Wealth Distributions written by Arnab Chatterjee and published by Springer Science & Business Media. This book was released on 2007-06-25 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: We all know the hard fact: neither wealth nor income is ever uniform for us all. Justified or not, they are unevenly distributed; few are rich and many are poor! Investigations for more than hundred years and the recent availability of the income distribution data in the internet (made available by the finance ministries of various countries; from the tax return data of the income tax departments) have revealed some remarkable features. Irrespective of many differences in culture, history, language and, to some extent, the economic policies followed in different countries, the income distribution is seen to fol low a particular universal pattern. So does the wealth distribution. Barring an initial rise in population with income (or wealth; for the destitutes), the population decreases either exponentially or in a log-normal way for the ma jority of 'middle income' group, and it eventually decreases following a power law (Pareto law, following Vilfredo Pareto's observation in 1896) for the rich est 5-10 % of the population! This seems to be an universal feature - valid for most of the countries and civilizations; may be in ancient Egypt as well! Econophysicists tried to view this as a natural law for a statistical ma- body-dynamical market system, analogous to gases, liquids or solids: classical or quantum.

Growing Unequal? Income Distribution and Poverty in OECD Countries

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Publisher : OECD Publishing
ISBN 13 : 9264044191
Total Pages : 312 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Growing Unequal? Income Distribution and Poverty in OECD Countries by : OECD

Download or read book Growing Unequal? Income Distribution and Poverty in OECD Countries written by OECD and published by OECD Publishing. This book was released on 2008-10-21 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides evidence of a fairly generalised increase in income inequality over the past two decades across OECD countries, but the timing, intensity and causes of the increase differ from what is typically suggested in the media.

Taxing Wages 2019

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Publisher : OECD Publishing
ISBN 13 : 9264313796
Total Pages : 643 pages
Book Rating : 4.2/5 (643 download)

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Book Synopsis Taxing Wages 2019 by : OECD

Download or read book Taxing Wages 2019 written by OECD and published by OECD Publishing. This book was released on 2019-04-11 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: This annual publication provides details of taxes paid on wages in OECD countries. It covers personal income taxes and social security contributions paid by employees, social security contributions and payroll taxes paid by employers, and cash benefits received by in-work families. It ...

Income Distribution in the United States by Size, 1944-1950

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Publisher :
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Income Distribution in the United States by Size, 1944-1950 by : United States. Office of Business Economics

Download or read book Income Distribution in the United States by Size, 1944-1950 written by United States. Office of Business Economics and published by . This book was released on 1953 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Income Distribution in Macroeconomic Models

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Publisher : Princeton University Press
ISBN 13 : 0691164592
Total Pages : 439 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Income Distribution in Macroeconomic Models by : Giuseppe Bertola

Download or read book Income Distribution in Macroeconomic Models written by Giuseppe Bertola and published by Princeton University Press. This book was released on 2014-09-28 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa. Is a more equal distribution of income beneficial or harmful for macroeconomic growth, and how does the distribution of wealth evolve in a market economy? Taking stock of results and methods developed in the context of the 1990s revival of growth theory, the authors focus on capital accumulation and long-run growth. They show how rigorous, optimization-based technical tools can be applied, beyond the representative-agent framework of analysis, to account for realistic market imperfections and for political-economic interactions. The treatment is thorough, yet accessible to students and nonspecialist economists, and it offers specialist readers a wide-ranging and innovative treatment of an increasingly important research field. The book follows a single analytical thread through a series of different growth models, allowing readers to appreciate their structure and crucial assumptions. This is particularly useful at a time when the literature on income distribution and growth has developed quickly and in several different directions, becoming difficult to overview.

For Good Measure

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Publisher : The New Press
ISBN 13 : 1620975726
Total Pages : 450 pages
Book Rating : 4.6/5 (29 download)

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Book Synopsis For Good Measure by : Joseph E. Stiglitz

Download or read book For Good Measure written by Joseph E. Stiglitz and published by The New Press. This book was released on 2019-11-19 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today's leading economists weigh in with a new "dashboard" of metrics for measuring our economic and social health "What we measure affects what we do. If we focus only on material well-being—on, say, the production of goods, rather than on health, education, and the environment—we become distorted in the same way that these measures are distorted." —Joseph E. Stiglitz A consensus has emerged among key experts that our conventional economic measures are out of sync with how most people live their lives. GDP, they argue, is a poor and outmoded measure of our well-being. The global movement to move beyond GDP has attracted some of the world's leading economists, statisticians, and social thinkers who have worked collectively to articulate new approaches to measuring economic well-being and social progress. In the decade since the 2008 economic crisis, these experts have come together to determine what indicators can actually tell us about people's lives. In the first book of its kind, leading economists from around the world, including Thomas Piketty, Emmanuel Saez, Elizabeth Beasely, Jacob Hacker, François Bourguignon, Nora Lustig, Alan B. Krueger, and Joseph E. Stiglitz, describe a range of fascinating metrics—from economic insecurity and environmental sustainability to inequality of opportunity and levels of trust and resilience—that can be used to supplement the simplistic measure of gross domestic product, providing a far more nuanced and accurate account of societal health and well-being. This groundbreaking volume is sure to provide a major source of ideas and inspiration for one of the most important intellectual movements of our time.

Wage Policy, Income Distribution, and Democratic Theory

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Publisher : Routledge
ISBN 13 : 1136881875
Total Pages : 238 pages
Book Rating : 4.1/5 (368 download)

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Book Synopsis Wage Policy, Income Distribution, and Democratic Theory by : Oren M Levin-Waldman

Download or read book Wage Policy, Income Distribution, and Democratic Theory written by Oren M Levin-Waldman and published by Routledge. This book was released on 2010-11-23 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes an important contribution to the literature of public policy, political philosophy and political economy and the author argues that wage policy is an important component in the maintenance of democratic society.

Poverty and Income Distribution

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Publisher : Wiley-Blackwell
ISBN 13 :
Total Pages : 680 pages
Book Rating : 4.3/5 (97 download)

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Book Synopsis Poverty and Income Distribution by : Edward N. Wolff

Download or read book Poverty and Income Distribution written by Edward N. Wolff and published by Wiley-Blackwell. This book was released on 2009 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt: Poverty and Income Distribution 2E Written by a leading scholar in the field, this textbook provides a thorough introduction to the topic of income distribution and poverty, with additional emphasis on the issues of inequality and discrimination. This book features an empirical focus, and includes sections on basic statistics, as well as optional econometric studies and more advanced mathematical handling of inequality measurement. Utilizing data from various countries around the globe, including the US and Europe, this textbook is international in its scope and provides a comparative element that will aid students in their studies. Up-to-date and comprehensive in its coverage, this new edition supplies a self-contained course on income distribution and poverty.

Causes and Consequences of Income Inequality

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Publisher : International Monetary Fund
ISBN 13 : 1513547437
Total Pages : 39 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Causes and Consequences of Income Inequality by : Ms.Era Dabla-Norris

Download or read book Causes and Consequences of Income Inequality written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2015-06-15 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

Individual retirement arrangements (IRAs)

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Publisher :
ISBN 13 :
Total Pages : 284 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis Individual retirement arrangements (IRAs) by : United States. Internal Revenue Service

Download or read book Individual retirement arrangements (IRAs) written by United States. Internal Revenue Service and published by . This book was released on 1990 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics of Welfare

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Publisher :
ISBN 13 :
Total Pages : 1024 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis The Economics of Welfare by : Arthur Cecil Pigou

Download or read book The Economics of Welfare written by Arthur Cecil Pigou and published by . This book was released on 1920 with total page 1024 pages. Available in PDF, EPUB and Kindle. Book excerpt: