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Income Distribution Macroeconomics [PDF]
Recent research stresses the macroeconomic dimension of income distribution, but no theory has yet emerged. In this note, we introduce factor shares into popular growth models to gain insights into the macroeconomic effects of income distribution. The cost of modifying existing models is low compared to the benefits. We find, analytically, that (1) the
Olivier Giovannoni, Olivier Giovannoni
openaire +4 more sources
Three-Part Composite Pareto Modelling for Income Distribution in Malaysia
Income distribution models can be useful for describing the economic properties of a population. In this study, three-part composite Pareto models are fitted to the income distribution in Malaysia for the years 2007, 2009, 2012, 2014, and 2016. The three-
Muhammad Hilmi Abdul Majid+2 more
doaj +1 more source
Wage distribution in the period of economic growth with income distribution: The case of Brazil [PDF]
This paper analyses in detail the distribution of Brazilian wages in the period of economic growth with income distribution. Brazil presents a high structural heterogeneity that generates high wage inequality, and it is shown that wage ...
Troncoso Baltar Carolina
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Evolutionary Model of the Personal Income Distribution [PDF]
The aim of this work is to establish the personal income distribution from the elementary constituents of a free market; products of a representative good and agents forming the economic network. The economy is treated as a self-organized system.
Anindya+23 more
core +3 more sources
The unintended impact of housing provident fund on income inequality in urban China
We use the China Household Income Project (CHIP) data to evaluate the impact of the Housing Provident Fund (HPF) on income inequality in urban China. We find that urban residents differ significantly in their accessibility to and intensity of utilization
Yunhe Lu, Haiyuan Wan
doaj
Among countries colonized by European powers during the past 500 years those that were relatively rich in 1500 are now relatively poor. We document this reversal using data on urbanization patterns and population density, which, we argue, proxy for ...
D. Acemoglu+2 more
semanticscholar +1 more source
Disinflations and Income Distribution [PDF]
Most countries in the world have brought inflation down to very low rates. While there is broad consensus regarding the fact that polices aimed at bringing down inflation have adverse consequences on aggregate output and unemployment, at least in the short run, we know little about the distributional impact of disinflations.
Laura Gómez-Acevedo, Marc Hofstetter
openaire +2 more sources
The face of debt: Facial width-to-height ratios and regional debt in China
Facial width-to-height ratio (fWHr) has been widely proven to exert a lasting influence on shaping behavior. In this paper, we provide empirical evidence on the relationship between the fWHr level of bureaucrats and local government debt performance and ...
Kezhong Zhang, Tingyu Ma, Xin Wan
doaj
Financial Development, Growth, and the Distribution of Income
A paradigm is presented in which both the extent of financial intermediation and the rate of economic growth are endogenously determined. Financial intermediation promotes growth because it allows a higher rate of return to be earned on capital, and ...
Jeremy Greenwood, Boyan Jovanovic
semanticscholar +1 more source
Targeting more effective industrial policies: Evidence from massive media data on R&D manipulation
R&D manipulation prevails in firms' application for high-tech enterprise certification. This paper provides evidence on how media coverage significantly inhibits firms' R&D manipulation behaviour by increasing citizens' concerns.
Guochao Yang, Lina Zhang
doaj