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The Size Distribution of Earnings

In: The Distribution of National Income

Author

Listed:
  • M. W. Reder

    (Stanford University)

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.

Suggested Citation

  • M. W. Reder, 1968. "The Size Distribution of Earnings," International Economic Association Series, in: Jean Marchal & Bernard Ducros (ed.), The Distribution of National Income, chapter 0, pages 583-617, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-15245-2_21
    DOI: 10.1007/978-1-349-15245-2_21
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    Cited by:

    1. Derek Neal & Sherwin Rosen, 1998. "Theories of the Distribution of Labor Earnings," NBER Working Papers 6378, National Bureau of Economic Research, Inc.

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