Dynamics of reallocation within India’s income distribution

Consumption and the Within-Household Income Distribution:

Two-Factor Model of Income Distribution Dynamics

This paper analyzes empirical income distributions and proposes a simple stochastic model to explain the stationary distribution and deviations from it. Using the individual tax returns data in the U.S. and Japan for 40 years, we first summarize the shape of income distribution by an exponential decay up to about the 90th percentile of income and a power decay for the top 1 percent. We then pro...

Human Capital and Income Distribution Dynamics

The paper assumes a continuum of two period-lived agents; agents are identical except for the inherited income. Young agents optimally allocate their inherited income between consumption and investment in human capital in a stochastic environment. In the second period they receive a wage proportional to the accumulated human capital and invest in o®spring. Two main results are provided: a low e...

Modeling of Real Estate Income Tax: System Dynamics Approach

This study aims to design a model to realize real estate income tax in Tabriz city with due attention to the tax collection process. According to the related literature, the variables of "tax payment," "real estate," "tax evasion," "investment incentive," "rent and real estate speculation," and "advertisement in tax collection" are considered as key variables, affecting the conceptual model of ...

Spatial Analysis of City Income Distribution Dynamics in China

We employ Quah’s [13] transitional matrix and Rey’s [16] Spatial Clustering Index (SCI) to analyze the dynamics in Chinese city income distribution both from temporal and spatial dimensions. Our empirical results show that cities in eastern China enjoy more favorable movements in income distribution during urban post-reform era compared with her western and central counterparts; the dynamic spa...