Showing 1 - 10 of 30
This paper presents series on top shares of income in Argentina from 1932 to 2004 based on personal income tax return statistics. Our results suggest that income concentration was higher during the 1930s and the first half of the 1940s than it is today. The recovery of the economy after the...
Persistent link: https://www.econbiz.de/10010738819
This paper presents series on top shares of income and wealth in Spain over the 20th century using personal income and wealth tax return statistics. Top income shares are highest in the 1930s, fall sharply during the first two decades of the Franco dictatorship, and have increased slightly since...
Persistent link: https://www.econbiz.de/10010738746
This paper analyzes income and earnings concentration in Portugal from a long-run perspective using personal income and wage tax statistics. Our results suggest that income concentration was much higher during the 1930s and early 1940s than it is today. Top income shares estimated from reported...
Persistent link: https://www.econbiz.de/10010738825
In this paper we model the income distribution using a Bayesian approach and a mixture of lognormal densities. The size of the mixture is determined by Chib (1995)'s method. Using the Federal Expenditure Survey data for the United Kingdom, we detect three groups corresponding to the three...
Persistent link: https://www.econbiz.de/10008924986
Specific functional forms are often used in economic models of distributions; goodness-of-fit measures are used to assess whether a functional form is appropriate in the light of real-world data. Standard approaches use a distance criterion based on the EDF, an aggregation of differences in...
Persistent link: https://www.econbiz.de/10009019845
The aim of this short article is to build a model in order to take into account capital scrapping (or bankruptcies) in an income distribution and growth model. The reason to introduce capital scrapping results from the intuition of some inconsistencies between theoretical predictions and...
Persistent link: https://www.econbiz.de/10010738440
Using individual-level data from a large number of countries, this paper examines how self-reported subjective well-being depends on own income and reference income, where reference income is defined as the income of professional peers. It uncovers a divide between "old" -low mobility- European...
Persistent link: https://www.econbiz.de/10010738753
This paper looks at the association between wage satisfaction and different notions of reference wage, based on a matched employer-employee dataset. It shows that workers' satisfaction depends on otherpeople's income in different ways. Relative income concerns are important, but we also find...
Persistent link: https://www.econbiz.de/10010738908
We propose a dynamic model which deals with the impact of income distribution variations on growth. In that goal, we use two models : the classical Goodwin model (1967) and the Bhaduri-Marglin model (1990), which also focuses on the links between income distribution and growth, but in a...
Persistent link: https://www.econbiz.de/10010750395
In this article, we propose a simple Post Keynesian model so as to test whether French economy is wage or profit-led i.e. whether a wage share increase has a negative or positive impact on economic growth. In that perspective, we estimate econometrically the three behaviour equations of our...
Persistent link: https://www.econbiz.de/10010750444