Abstract
We present a study of the capital income distribution and of its contribution to the total income (capital income share) using individual tax income data in Romania, for 2013 and 2014. Using a parametric representation we show that the capital income is Pareto distributed in the upper tail, with a Pareto coefficient α∼1.44 which is much smaller than the corresponding coefficient for wage- and non-wage-income (excluding capital income), of α∼2.53. Including the capital income contribution has the effect of increasing the overall inequality measures.
| Original language | English |
|---|---|
| Pages (from-to) | 403-417 |
| Number of pages | 15 |
| Journal | Physica A: Statistical Mechanics and its Applications |
| Volume | 492 |
| DOIs | |
| State | Published - 15 Feb 2018 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 10 Reduced Inequalities
Keywords
- Capital income distribution
- Income inequality
- Pareto tail
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