Full text: The Personal Distribution of Income

13 
Table 
Sweden 1971 
married 
couples 
single 
persons 
Holland 1962/3 
Wealth distribution 
Pareto coefficient 
(whole range, 
11 values) 1.78 
Regression of 
income on wealth 
coefficient yC : 0.56 
Calculated Pareto 
coefficient for 
income: 3.18 
1.73 
0.65 
'2.66 
1.38 
0.63 
2.20 
Actual Pareto 
coefficiet for 
income ( 5 values) 2.62 
2.14 
2.08 
ditto, excluding 
the open size 
class of wealth 3.12 2.62 
The above table gives the vilues for the coefficient 
of regression of the mean income on wealth. The correlation is very 
p 
high ( r is ,997 ) for the mean income values; for the mean square 
correlation of the grouped income data it is modest, r2= .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 coefficient (for income of 
wealth owners of 2.08. ( The coefficient for all incomes^including 
people with no taxable wealth, is not markedly different, which 
is rather surprising). 
Butch 
While the/results are not worse than could be expected^ 
the Swedish data are less straightforward. A peculiarity is here 
, . . . 
that married couples ( 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 mas3 of wealth
	        

Note to user

Dear user,

In response to current developments in the web technology used by the Goobi viewer, the software no longer supports your browser.

Please use one of the following browsers to display this page correctly.

Thank you.