Modelling income distribution / John Creedy.
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TextPublication details: Cheltenham, UK ; Northampton, MA, USA : E. Elgar, c2002.Description: viii, 280 p. : ill. ; 24 cmISBN: - 1843760096
- 9781843760092
- 339.2'01'51 22
- HB523 .C736 2002
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| 339.01'5195 GLO Global and national macroeconometric modelling : | 339.01'5195 GON Stochastic dynamic macroeconomics : | 339.01'5195 MCC The ABCs of RBCs : | 339.2'01'51 CRE Modelling income distribution / | 339.2'09669 OGU Nigeria's second experiment in price (income) regulation / | 339.2'09669 OGU Nigeria's second experiment in price (income) regulation / | 339.2'09669 OGU Nigeria's second experiment in price (income) regulation / |
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.
rpm 13/11/13
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