13
Table
Sweden 1911
married
couples
single
oersons
Holland 1Q62/3
health distribution
Pareto coefficient
(whole range,
11 values) 1.78
Regression of
income on wealth
coefficient yC : 0.56
Calculated Pareto
coefficient for
income: 5»18
Actual Pareto
coefficiet for
income ( 5 values) 2.62
1.73
0.65
'2.66
2.14
ditto, excluding
the open size
class of wealth 5*12 2.62
1.53
0.63
2.20
2.08
The above table gives the vilues for the coefficient
of regression of the mean income on wealth. The correlation is very
high ( r is ,997 ) for the mean income values; for the mean square
correlation of the grouped income data it is modest, r?~ .25 in
Holland.
From the actual ^areto coefficient for wealth and the
coefficient we can calculate the Pareto coefficiet for income
in accordance with equation (6>). In Holland we obtain 2.20,
which compares with an actual Pareto woefficient (for income of
wealth owners of 2.08. ( The coefficient for all incomes including
pepple with no taxable wealth, is not markedly different, which
is rather surnrising).
Butch
TThile the/results are not-worse than could be expected f
the Swedish data are less straightforward. A peculiarity is here ,
that married couoles { to some extent also children ) are jointly
assessed for wealth tax so that their joint wealth and income is given
in,the data. This leads to a splitting up of the mass of wealth