The Size Distribution of Earnings

M. W. Reder
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M. W. Reder: Stanford University

Chapter Chapter 21 in The Distribution of National Income, 1968, pp 583-617 from Palgrave Macmillan

Abstract: Abstract The purpose of this paper is to develop a theory of the size distribution of earnings or income from work, as distinguished from property income. The theory that is to be sketched is abstract and limited in reference to positions of long-run equilibrium; i.e. it purports to show how earnings would be distributed as various assumptions are made about long-run forces. By long-run forces, we mean those forces that determine relative factor rewards in a neo-classical stationary state or on a balanced growth path.

Keywords: National Income; Executive Compensation; Balance Growth Path; Operation Effect; Complementary Resource (search for similar items in EconPapers)
Date: 1968
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-15245-2_21

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DOI: 10.1007/978-1-349-15245-2_21

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