One typically observes differing trends in the distribution of gross incomes across countries. Where do these inequalities originate from? We consider a simple model where individuals have identical preferences but different abilities, and we investigate the impact on the distribution of gross income of changes in the way abilities are distributed among the individuals. Journal of Economic Lite...

We use a firm-CEO assignment framework to model the market for CEO effective labor. In the model’s equilibrium more talented CEOs match with and supply more effort to larger firms. Taxation of CEO incomes affects the equilibrium pricing of CEO effective labor and, hence, spills over and affects firm profits. Absent the ability to tax profits or a direct concern for firm owners, a standard presc...

This article refers to:RETRACTED ARTICLE: Does urban spatial structure affect labour income? – research based on 97 cities in China

this paper compares the value relevance of book value and dividends versus book value and reported earnings. the main purpose of this study explains which of dividends, book value and earnings are more value relevance. thus, we have examined 98 firms of tehran stock exchange over a period 1377-1382. our methodology of examining the information content of various income statement and balance she...

Qa := ∫ Qa ⊗ P (xj|b,b ′,x, a,y) dxj [Symbolic Substitution] For all bi in Qa Qa := [ Qa ⊗ P (bi|b,x, a,y) ] |b′i=1 ⊕ [ Qa ⊗ P (bi|b,x, a,y) ] |b′i=0 [Case ⊕] Compute final Q-Value (discount and add reward): Qa := R(b,x, a,y)⊕ (γ ⊗Qa) Note that ∫ f (xj)⊗δ[xj−h(z)]dxj = f (xj){xj/h(z)}where the latter operation indicates that any occurrence of xj in f (x ′ j) is symbolically substituted with the...