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A Theory of Earnings Distribution - Robert von Weizsacker

A Theory of Earnings Distribution

Hardcover Published: 29th October 1993
ISBN: 9780521342940
Number Of Pages: 264

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An understanding of the origins of earnings distribution is of central importance for any public policy which has the aim of combating economic inequality. This book tries to provide some theoretical foundations that could serve as a rational basis for such policies. The approach, strongly influenced by human capital theory, is especially novel in that it permits individual analyses at three interconnecting levels of aggregation using the same basic microeconomic model: the level of the overall earnings distribution across all age groups; and the distribution of lifetime earnings. The analysis demonstrates the interdependence between age composition, inequality, and public distribution policy. It provides economic interpretations of empirical findings and identifies several policy conflicts. It also addresses the question of how differences between individuals are transformed into income differences.

The general structure of the model
A life-cycle model of individual earnings
The distribution of earnings within age groups
The overall distribution of earnings
The distribution of lifetime earnings
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521342940
ISBN-10: 0521342945
Audience: Tertiary; University or College
Format: Hardcover
Language: English
Number Of Pages: 264
Published: 29th October 1993
Country of Publication: GB
Dimensions (cm): 22.86 x 15.24  x 1.91
Weight (kg): 0.56