The Distribution Of Wealth With Uncertain Income
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Author | : Ian Irvine |
Publisher | : |
Total Pages | : 0 |
Release | : 2003 |
Genre | : |
ISBN | : |
It is well known that an uncertain income stream will induce individuals to save if they are forward looking. In this paper we investigate the consequences of such saving upon the distribution of wealth among households. The inquiry is motivated by the fact that both the dispersion of the U.S. wealth distribution and the variance of transitory income have increased in the recent past. Surprisingly, we find that an increase in earnings uncertainty is more likely to decrease than increase the inequality in wealth holdings.
Author | : John Bates Clark |
Publisher | : |
Total Pages | : 490 |
Release | : 1899 |
Genre | : Wages, prices and productivity |
ISBN | : |
Author | : John Rogers Commons |
Publisher | : |
Total Pages | : 302 |
Release | : 1893 |
Genre | : Wealth |
ISBN | : |
Author | : Charles Barzillai Spahr |
Publisher | : |
Total Pages | : 200 |
Release | : 1896 |
Genre | : |
ISBN | : |
Author | : Michael Schneider |
Publisher | : Edward Elgar Publishing |
Total Pages | : 229 |
Release | : 2016-11-25 |
Genre | : Business & Economics |
ISBN | : 1783476443 |
This book answers a number of important questions about the distribution of wealth among people and the way that this distribution has changed over time. It provides a comprehensive analysis of the personal distribution of wealth from many dimensions: economic, statistical, ethical, political, sociological and legal. Using data from 21 countries, this book demonstrates how inequality in the distribution of wealth varies between different parts of the world and how it evolves, with particular emphasis on the claim that there has been a long-term and continued increase in inequality since the 1970s in most countries. It discusses alternative ways of measuring the degree of inequality, analyses Thomas Piketty's claim that society has become more unequal in recent decades, and assesses the relative importance of the various determinants of the distribution of wealth. The authors explain why the distribution of wealth is unequal, and discuss how it could be changed with alternative policies and the possible consequences of these policies for economic efficiency. The authors also compare the different distributions of wealth that are implied by alternative views of society. This is a valuable resource for students and academics in economics, political science and sociology seeking a state-of-the-art account of the theory and evidence surrounding inequality in the distribution of wealth.
Author | : Ian Irvine |
Publisher | : |
Total Pages | : 30 |
Release | : 1993 |
Genre | : |
ISBN | : |
Author | : Thomas Nixon Carver |
Publisher | : |
Total Pages | : 328 |
Release | : 1904 |
Genre | : Distribution (Economic theory) |
ISBN | : |
Author | : Dimitris Papadimitriou |
Publisher | : Springer |
Total Pages | : 215 |
Release | : 1994-09-12 |
Genre | : Business & Economics |
ISBN | : 134923429X |
In the 1980s, a decade of economic expansion, the rich grew richer but the poor poorer. These essays explore the disparities in wealth and income comparing the fortunes of American households with those in other industrialized nations. Demographic and structural changes, saving behaviouir, earning gaps, gender, education and race are analysed in these essays and methodological and measurement issues explored. Policies to counteract growing inequality are discussed and remedies proposed.
Author | : Lisa A. Keister |
Publisher | : Cambridge University Press |
Total Pages | : 324 |
Release | : 2000-06-19 |
Genre | : Business & Economics |
ISBN | : 9780521627511 |
Utilizing existing data and new research methods, Keister examines househould wealth distribution from 1962 to 1995.
Author | : Spahr |
Publisher | : |
Total Pages | : 200 |
Release | : 1896 |
Genre | : |
ISBN | : |