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Why Should We Debate the Theory of Macrojustice?- THE MACROJUSTIC OF SERGE-CHRISTOPHE KOLM: General Presentation -- Economic Macrojustice: Fair Optimum Income Distribution, Taxation and Transfers -- PHILOSOPHICAL ASPECTS OF MACROJUSTICE: ELIE and the Emotions Related to Social Recognition --...
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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...
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