Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7376583 | Physica A: Statistical Mechanics and its Applications | 2018 | 33 Pages |
Abstract
We present a study of the capital income distribution and of its contribution to the total income (capital income share) using individual tax income data in Romania, for 2013 and 2014. Using a parametric representation we show that the capital income is Pareto distributed in the upper tail, with a Pareto coefficient αâ¼1.44 which is much smaller than the corresponding coefficient for wage- and non-wage-income (excluding capital income), of αâ¼2.53. Including the capital income contribution has the effect of increasing the overall inequality measures.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Mathematical Physics
Authors
Bogdan Oancea, Dan Pirjol, Tudorel Andrei,