The Personal Distribution of Income

Steindl, Josef

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Document type:: Works

Collection:: Josef Steindl Collection

Title:: The Personal Distribution of Income

Author:: Steindl, Josef

Scope:: Typoskript, 28 Seiten

Year of publication:: 1972

Source material date:: August-September 1972

Language:: English

Note:: Mit handschriftlichen Anmerkungen.

Related work:: Steindl, Josef: The Personal Distribution of Income. In: Steindl, Josef: Economic Papers 1941-88. London: Macmillan, 1990, S. 356-371

Topic:: Stochastic processes and size distribution

JEL Classification:: D31 [Personal Income, Wealth, and Their Distributions]

Shelfmark:: S/M.2.1

Access:: Free access

23 of advance to the next higher level, we get the special version of Champernowne's model described at the beginning of this paper: There are again two geometric distributions, from which the result is obtained by elimination of L, which stands here in place of time. This, in fact, leads to criticism of Simon's explanation. It is, on the face of it, timeless, it does not show how the pattern arises from a stochastic process in time. One does not have to go very far however, in order to see the dynamic implications of the matter. A certain span of control implies that the managers of a given level have a limited chance of advancing to the next level. To the span of control corres ponds a certain transition probability. It might be argued that the transition probabilities only reflect the given structure of the organisation. This, however, has itself arisen as a result of an evolution (including trial and error) and it is changing continously albeit slowly. Thus the chances of advancement in the ^ -th individual's life carreer determine the structure: If — n of the occupants of a certain level expect to move m levels in a life-time then there must be n times as many occupants on the lower level than on the higher (compare for these topics Bartholo new /4/. To be precise we have also to take account of movements into and out of management, ftoin other oooupatlsm (£o* example, polities) •

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