scholarly journals Income Distribution and Housing Prices: An Assignment Model Approach

2011 ◽  
Author(s):  
Niku Määttänen ◽  
Marko Terviö
Keyword(s):  
Income Distribution ◽  
Housing Prices ◽  
Assignment Model ◽  
Model Approach

The Difference That CEOs Make: An Assignment Model Approach

2008 ◽  
Vol 98 (3) ◽  
pp. 642-668 ◽  
Author(s):  
Marko Terviö
Keyword(s):  
Competitive Equilibrium ◽  
Economic Value ◽  
Market Value ◽  
Firm Characteristics ◽  
Managerial Ability ◽  
Market Values ◽  
Assignment Model ◽  
Ceo Pay ◽  
The Difference ◽  
Model Approach

This paper presents an assignment model of CEOs and firms. The distributions of CEO pay levels and firms' market values are analyzed as the competitive equilibrium of a matching market where talents, as well as CEO positions, are scarce. It is shown how the observed joint distribution of CEO pay and market value can then be used to infer the economic value of underlying ability differences. The variation in CEO pay is found to be mostly due to variation in firm characteristics, whereas implied differences in managerial ability are small and make relatively little difference to shareholder value. (JEL G32, M12, M52)

scholarly journals Technical Change, Wage Inequality, and Taxes

2015 ◽  
Vol 105 (10) ◽  
pp. 3061-3101 ◽  
Author(s):  
Laurence Ales ◽  
Musab Kurnaz ◽  
Christopher Sleet
Keyword(s):  
Labor Market ◽  
Income Distribution ◽  
Wage Inequality ◽  
Technical Change ◽  
Optimal Policy ◽  
Policy Design ◽  
Income Taxes ◽  
Policy Response ◽  
Assignment Model ◽  
Optimal Tax

This paper considers the normative implications of technical change for tax policy design. A task-to-talent assignment model of the labor market is embedded into an optimal tax problem. Technical change modifies equilibrium wage growth across talents and the substitutability of talents across tasks. The overall optimal policy response is to reduce marginal income taxes on low to middle incomes, while raising those on middle to high incomes. The reform favors those in the middle of the income distribution, reducing their average taxes while lowering transfers to those at the bottom. (JEL D31, H21, H23, H24, J31, O33)

scholarly journals Apakah pendapatan asli daerah (PAD) mendorong ketimpangan distribusi pendapatan di Yogyakarta?

2021 ◽  
Vol 16 (4) ◽  
pp. 831-838
Author(s):  
Dessy Rachmawatie
Keyword(s):  
Income Distribution ◽  
Panel Data Analysis ◽  
Secondary Data ◽  
Fixed Effect Model ◽  
Analysis Method ◽  
Effect Model ◽  
High Level ◽  
Paradigm Development ◽  
Distribution Problems ◽  
Model Approach

Paradigm Development is a process in development to achieve a change. Inequality of income distribution is a problem that is quite a severe concern in all regions and developed and developing countries. This proves that Yogyakarta Province still has a relatively high level of inequality in income distribution. Problems in income distribution inequality can be influenced by various factors, such as Regional Original Income to income distribution inequality in 5 Regencies/Cities in Yogyakarta Province for the 2010-2020 period. This study uses secondary data with panel data analysis method with a period of 2010-2020, using the Fixed Effect Model approach. This analysis shows that Regional Original Income has a positive and significant influence on the inequality of income distribution in 5 regencies/cities in Yogyakarta Province.

scholarly journals The Analysis of the Effect of Real Interests on Income Distribution with ARDL Model Approach

2019 ◽  
Vol 8 (1) ◽  
pp. 39-54
Author(s):  
Ahmet KAMACI ◽  
M.Said CEYHAN ◽  
Mehmet Akif PEÇE
Keyword(s):  
Income Distribution ◽  
Ardl Model ◽  
Model Approach

scholarly journals Insufficient Consumption Demand of Chinese Urban Residents: An Explanation of the Consumption Structure Effect from Income Distribution Change

2019 ◽  
Vol 11 (4) ◽  
pp. 984
Author(s):  
Peng Su ◽  
Xiaochun Jiang ◽  
Chengbo Yang ◽  
Ting Wang ◽  
Xing Feng
Keyword(s):  
Income Distribution ◽  
Housing Prices ◽  
Residual Effect ◽  
Domestic Demand ◽  
Sustainable Growth ◽  
Residual Effects ◽  
Social Characteristics ◽  
Consumption Structure ◽  
Positive Effects ◽  
The Mean

China’s consumption rate has continued to decline since 2000, which has retarded the sustainable growth of China’s economy. The dramatic changes in China’s income distribution have been very significant social characteristics, and they are also a very important factor for consumption. Therefore, this study analyzes the problem of insufficient domestic demand from the perspective of the effects of the income distribution changes on the consumption structure. The Almost Ideal Demand System model is improved by relaxing its assumption that expenditure equals income and giving it a dynamic form that includes the three characteristics of the income distribution evolution (the mean, variance, and residual effects) and measuring these. The results show that the mean effect is the largest one, and it basically determines the size and direction of the total effect. The variance effect is much smaller, but it may have some positive effects on the individual markets. The residual effect is the smallest and has a certain randomness. The income gap is not the main cause of the insufficient domestic demand. It is more likely to be caused by the decline of the mean effect, and the main driver of this is the irrationality of the supply side and excessive housing prices.

Sign in / Sign up

Export Citation Format

Share Document