Top income measurement and undistributed profits
Pablo Gutiérrez C.,
Ramon Lopez () and
Authors registered in the RePEc Author Service: Pablo A. Gutiérrez C. ()
Economics Letters, 2015, vol. 134, issue C, 138-140
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)
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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
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