Top income measurement and undistributed profits

Pablo Gutiérrez C., Ramon Lopez and Eugenio Figueroa ()
Authors registered in the RePEc Author Service: Pablo A. Gutiérrez C.

Economics Letters, 2015, vol. 134, issue C, 138-140

Abstract: We develop a method that allows transforming retained business profits in a particular year into business-accrued capital gains of the same year. These capital gains thus estimated can be simply added to other sources of personal income of top earners to obtain a consistent measure of their total income.

Keywords: Top income distribution; Undistributed profits; Pareto distribution; Business-accrued capital gains (search for similar items in EconPapers)
JEL-codes: D31 H24 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Related works:
Working Paper: Top income measurement and undistributed profits (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:134:y:2015:i:c:p:138-140

DOI: 10.1016/j.econlet.2015.07.013

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