and others in specialization. Our theory throws light on the nature of hierarchy, the optimal degree of decentralization …

Disappointing recent growth rates, the emergence of structurally unfavorable income and employment conditions, and … and dealing with structural changes. This paper first examines the implications of traditional trade theory as well as the …

Using panel data for a sample of households in Utah from 1850 to 1900 we find income and wealth age profiles that are … a relationship between age-income and age-wealth profiles that is consistent with a life-cycle model of consumption … given a concave and peaked age-income profile: households accumulate and then begin to draw down wealth holdings, the age …

height and per capita income. The relationships among income, nutrition, medical care, and height at the individual level … suggest that average height is nonlinearly related to per capita income and that the distribution of income is an important … determinant of average height. Empirical analysis rests on 56 height studies and per capita income estimates for 20 developed or …

income above the 50 percent bracket amount. The current law fails to meet this objective for the vast majority of these …

Inequality in income or earnings is the most indisputable fact about the distribution of income. Inequality in income … income redistribution, and the efficacy of various policy tools, economists are also concerned with establishing how various …. Economists have constructed various theories that purport to explain income distribution. Some aspects of these theories have …

Knowing the elasticity of taxable income (ETI) is crucial for understanding the effects of taxation on taxpayer … behavior and consequently on tax revenues. Previous research finds that high-income individuals are the most sensitive to tax … policy changes. However, these individuals have more opportunities to defer income to future tax bases by altering the …

We revisit recent empirical evidence about the rise in top income inequality in the United States, drawing attention to … to inform researchers, policy makers, and journalists who are interested in top income inequality …

, increasing the ratio between the 95th and 50th percentiles from 3.7 to 4.8. We conclude that the impact of hierarchy on …