Article ID Journal Published Year Pages File Type
7376583 Physica A: Statistical Mechanics and its Applications 2018 33 Pages PDF
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 α∼1.44 which is much smaller than the corresponding coefficient for wage- and non-wage-income (excluding capital income), of α∼2.53. Including the capital income contribution has the effect of increasing the overall inequality measures.
Related Topics
Physical Sciences and Engineering Mathematics Mathematical Physics
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