IS THE SIZE DISTRIBUTION OF INCOME A RANDOM-WALK

被引:10
|
作者
HAYES, K
SLOTTJE, DJ
PORTERHUDAK, S
SCULLY, G
机构
[1] NO ILLINOIS UNIV,DE KALB,IL 60115
[2] UNIV TEXAS,RICHARDSON,TX 75080
关键词
D O I
10.1016/0304-4076(90)90117-C
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper explores the hypothesis that the size distribution of income follows a random walk, models with and without trend are analyzed. Using Current Population Report data we find evidence of such a phenomenon which calls into question our current redistributive policy strategies. © 1990.
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页码:213 / 226
页数:14
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