The Personal Distribution of Income

Steindl, Josef

Bibliographic data

Works

Document type:: Works

Collection:: Josef Steindl Collection

Title:: The Personal Distribution of Income

Author:: Steindl, Josef

Scope:: Typoskript, 24 Seiten, mit handschriftlichen Ergänzungen bei mathematischen Formeln

Year of publication:: 1990

Source material date:: [vermutlich um 1990]

Language:: English

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

Shelfmark:: S/M.52.11

Access:: Free access

14 y D must often be more or less high,so that the Pareto pattern will be confined to a rather narrow range of the income distribution while in the case of wealth it usually extends to almost the whole of the assessed wealth data. This, it is true, partly results from the fact that the wealth data are more truncated than the income data,in view of the underlying tax laws. Income and Wealth:Empirical Patterns The following illustrations are based on the cross classification of income and wealth available in Holland and in Sweden. These data share certain characteristics found also in other cross section data on size distributions given in official publications.The first feature is that the great bulk of the observations is concentrated in the corner of the first (the north-east quadrant). In other words the distributions are very skew. A great many of the units are small in either dimension. The second feature is that the wealth distribution is heavily truncated (in Sweden, for example, at 150.000 crowns) while the income distribution is given down to rather low levels. To put it in another way,only a small proportion of all income earners are assessed for wealth.

Works

Cite and reuse

Works

Image

Image fragment

Citation links

Citation recommendation