Income Distribution, Profit, and Real Shares

Designing Profit Shares in Matching and Coalition Formation Games

Matching and coalition formation are fundamental problems in a variety of scenarios where agents join efforts to perform tasks, such as, e.g., in scientific publishing. To allocate credit or profit stemming from a joint project, different communities use different crediting schemes in practice. A natural and widely used approach to profit distribution is equal sharing, where every member receiv...

Net Income, Gross Income, and Bias in Child Support Awards in Gross Income-Shares States

In this study I discuss the pros and cons of using net income vs. gross income in gross income-shares states. It is argued that the “standardized net” approach is the best approach in determining child support awards based on the combined principles of equity and accuracy. However most states use gross income approaches for the sake of simplicity. Such gross income approaches can generate biase...

Investment Income, Underwriting Profit & Contingencies: Future Developments

Minimum Distance Testing and Top Income Shares in Korea

We study Kolmogorov-Smirnov goodness of fit tests for evaluating distributional hypotheses where unknown parameters need to be fitted. Following work of Pollard (1979), our approach uses a Cramérvon Mises minimum distance estimator for parameter estimation. The asymptotic null distribution of the resulting test statistic is represented by invariance principle arguments as a functional of a Brow...

Michael Parisi Individual Income Tax Rates and Shares , 2001

David Campbell and Michael Parisi are economists with the Individual Statistics Branch Returns Analysis Section. This article was written under the direction of Jeff Hartzok, Chief. T axpayers filed 130.3 million returns for Tax Year 2001, of which almost 94.8 million (or 72.8 percent) were classified as taxable returns. Adjusted gross income (AGI) on taxable returns fell 4.0 percent to $5,847 ...