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Although the determinants of income are complex, the results are surprisingly uniform. To a first approximation, top … incomes follow a power-law distribution, and the redistribution of income corresponds to a change in the power-law exponent …)distribution of top incomes is uniform because it is shaped by a ubiquitous feature of social life, namely hierarchy. Using a model …
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This resource describes a data source for local personal income and its distribution in Spanish municipalities. …
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. The idea is that US firms have systematically redistributed income to the top of the corporate hierarchy. I test this … hypothesis using a large scale hierarchy model of the US private sector. My method is to vary the rate that income scales with …What accounts for the growth of US top income inequality? This paper proposes a hierarchical redistribution hypothesis …
Persistent link: https://www.econbiz.de/10011880804
hierarchy, and growth. …
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This chapter examines the role of altruistic motives in the economic analysis of public social transfers, both from a positive and from a normative point of view. The positive question is to know whether we can fully neglect altruistic considerations to explain the development or sustainability...
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Empirical studies have shown that preferences for redistribution are significantly correlated with expectations of future mobility and the belief that society offers equal opportunities. We add to previous research by investigating the role of individual and social norms on rent seeking. We find...
Persistent link: https://www.econbiz.de/10010381041
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