Distribution of Income and Wealth in Ontario : Theory and Evidence.

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This book provides an extensive survey of recent literature and a new source of income and wealth distribution data for Ontario, drawn from newly available microdata sets. It also presents an evaluation of the data as a basis for measuring inequality in the distribution of economic and well-being.€...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Beach, Charles M.
Otros Autores: Flatters, Frank, Card, David E.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Toronto : University of Toronto Press, 1981.
Colección:Heritage.
Temas:
Income distribution > Ontario.
Wealth > Ontario.
Revenu > Répartition > Ontario.
Richesse > Ontario.
POLITICAL SCIENCE > Economic Conditions.
BUSINESS & ECONOMICS > Economics > Macroeconomics.
BUSINESS & ECONOMICS > Economic Conditions.
Income distribution
Wealth
Ontario
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover
  • CONTENTS
  • ACKNOWLEDGMENTS
  • Introduction
  • PART ONE: EXPLANATION OF INEQUALITY
  • 2 Supply determinants and life-cycle behaviour
  • Introduction
  • Life-cycle saving and wealth accumulation
  • Human capital investment and earnings
  • Life-cycle labour supply and earnings
  • Occupational choice and earnings differentials
  • Household time allocation, production, and bequests
  • Conclusions and implications
  • 3 Selected demand-side determinants of the distribution of income
  • Introduction
  • Specific human capital and wage profiles
  • Screening, education, and the distribution of earnings
  • Labour market discrimination
  • Internal labour markets and hierarchy models
  • Concluding remarks
  • 4 Distributional aggregation
  • Introduction
  • Matching up demand and supply in the labour market
  • Institutional restrictions in the labour market: labour unions
  • Age-income cross-sections and cohort effects
  • Demographic effects on over-all distribution
  • Concluding remarks
  • PART TWO: DATA ON DISTRIBUTION OF INCOME AND WEALTH
  • 5 On measuring inequality
  • What is a distribution?
  • Characterizing inequality
  • Evaluating inequality
  • 6 Incomes of individuals
  • Introduction
  • Differences in income by sex and age
  • Characteristics by age and income
  • Educational and occupational differences in income
  • General conclusions
  • 7 Incomes of family units
  • Introduction
  • Differences by sex and age of head of family
  • Different characteristics of families
  • Education and occupation of head of family
  • Sources of income by age and income
  • General conclusions
  • 8 Distribution of family wealth
  • Introduction
  • Distribution of net worth in Ontario
  • Distribution of assets
  • Composition of assets
  • Distribution of debts
  • General conclusions
  • PART THREE: IMPUTATIONS AND ADJUSTMENTS TO THE DISTRIBUTION OF INCOME.
  • 9 Disposable income, under-reporting, and omitted receipts
  • Introduction
  • Primary, total, and disposable income
  • Underreporting of incomes
  • Imputation for income in kind
  • Summary
  • 10 Adjustment for cost of living and size of family
  • Introduction
  • Adjustment for differences in place of residence
  • Adjustment for differences in size of family: per capita family income
  • Adult-equivalent income adjustment
  • Extended adult-equivalent income adjustment
  • Summary
  • 11 Adjustment for capital gains
  • Introduction
  • Adjustment procedure
  • Empirical results
  • Summary
  • 12 Adjustment for family wealth holdings
  • Introduction
  • Weisbrod-Hansen adjustment for net worth
  • An alternative adjustment for net worth
  • Summary
  • 13 Toward adjustment for net social security benefits: illustration with the Canada Pension Plan
  • Introduction
  • Description of the Canada Pension Plan
  • Types of redistribution built into the CPP
  • Measuring distributional characteristics of the CPP
  • A model of the Canada Pension Plan
  • Estimated distributional results of the CPP
  • Summary
  • 14 Summary and conclusions
  • Summary
  • Concluding remarks
  • APPENDICES
  • A: Measuring inequality of income
  • Summary measures
  • Lorenz curves and relative mean income curves
  • Atkinson's inequality measure
  • B: Definitions of terms used in Chapter 6
  • C: Definitions of asset components in Chapter 8
  • D: Computation of measures of income and wealth inequality
  • E: Estimation of equity value of owner-occupied housing in Ontario
  • F: Estimation of imputed assets
  • G: Estimation of portfolio rates of capital gains
  • H: The imputation procedure for net worth
  • I: Derivation and implementation of the adjustment for utility-equivalent annuity income
  • J: Details of the construction of the simulation model.
  • K: Earnings equations and participation proportions
  • BIBLIOGRAPHY.

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