Modelling income distribution /
Creedy, John, 1949-
Modelling income distribution / John Creedy. - Cheltenham, UK ; Northampton, MA, USA : E. Elgar, c2002. - viii, 280 p. : ill. ; 24 cm.
Includes bibliographical references and index.
This book collects recent research on modelling income distribution and redistribution by John Creedy and a number of other eminent co-authors. The book opens with the main results of a research programme, largely with Vance Martin, on distributional modelling using the generalized exponential family. The authors argue that the major advantages of this family are its flexibility, particularly in handling multimodality, and the explicit link with structural demand and supply models. The book goes on to discuss the research, undertaken with Alex Bakker, on the effects of macroeconomic variables, the works of Justin van de Ven, on decomposing the redistributive effects of taxes into vertical, horizontal and reranking effects. The final chapters, with Duangkamon Chotikapanich, explore the Bayesian estimation of a range of social welfare, inequality and tax progressivity measures. The book should be of interest to a wide range of academics and researchers with an interest in welfare economics and econometric theory.
1843760096 9781843760092
2002020227
Income distribution--Mathematical models.
HB523 / .C736 2002
339.2'01'51
Modelling income distribution / John Creedy. - Cheltenham, UK ; Northampton, MA, USA : E. Elgar, c2002. - viii, 280 p. : ill. ; 24 cm.
Includes bibliographical references and index.
This book collects recent research on modelling income distribution and redistribution by John Creedy and a number of other eminent co-authors. The book opens with the main results of a research programme, largely with Vance Martin, on distributional modelling using the generalized exponential family. The authors argue that the major advantages of this family are its flexibility, particularly in handling multimodality, and the explicit link with structural demand and supply models. The book goes on to discuss the research, undertaken with Alex Bakker, on the effects of macroeconomic variables, the works of Justin van de Ven, on decomposing the redistributive effects of taxes into vertical, horizontal and reranking effects. The final chapters, with Duangkamon Chotikapanich, explore the Bayesian estimation of a range of social welfare, inequality and tax progressivity measures. The book should be of interest to a wide range of academics and researchers with an interest in welfare economics and econometric theory.
1843760096 9781843760092
2002020227
Income distribution--Mathematical models.
HB523 / .C736 2002
339.2'01'51