Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10001704929
This paper proposes a methodology to approximate individual income distribution dynamics using only time series data on aggregate moments of the income distribution. Under the assumption that individual incomes follow a lognormal autoregressive process, this paper shows that the evolution over...
Persistent link: https://www.econbiz.de/10012245960