Topics on the Dynamics of the Income and Wealth Distribution

收入和财富分配动态专题

• 批准号: 9309514
• 负责人: Jose-Victor Rios-Rull
• 金额: --
• 依托单位: University of Pennsylvania
• 依托单位国家: 美国
• 项目类别: Continuing grant
• 财政年份: 1993
• 资助国家: 美国
• 起止时间: 1993-09-15 至 1998-08-31
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=9309514&HistoricalAwards=false
• 关键词: Topics; Dynamics; Income; Wealth; Distribution

9309514 Rios-Rull The principal investigator will study a series of interrelated projects, all of them sharing the feature of studying the determinants and the dynamics of the income and wealth distribution. The projects can be divided into two main groups differing in the mechanism in place for the redistribution of income and wealth. The first group of projects considers uninsurable employment risks, while the second group allows for redistribution through tax policies that are endogenously generated by the interaction of agents. The first project tries to answer the question of whether the key properties of the income distribution in postwar U.S. can be accounted for by the movements associated with fluctuations in economic activity. Both employment and the factor shares of output present strong cyclical behavior. The models used are hard to work out and this study will solve a simpler approximated economy. Associated with the problem just described is the question of what can account for the large values of the Gini Indices in the distribution of wealth. This issue of understanding the origins of the large wealth and income inequality is addressed in a second project that tries to determine the properties of the process for uninsurable labor income risk that are required to obtain wealth distributions like the one observed. This labor income process will be compared to those found in empirical studies. The second main part of this research deals with general issues of economic policy determination and its relation to the distribution of people over key variables, like wealth. It builds on a dynamic notion of political equilibrium. The specific projects involved are, first, to investigate the success of the redistributional model, in accounting for empirical findings that relate growth performance and the distribution of wealth. The second project explores the changes in the income and wealth distribution since World War II. It aims to find out how much of those changes can be accounted for purely on redistributional grounds. ***

9309514 Rios Rull主要研究人员将研究一系列相互关联的项目，所有这些项目都分享了研究决定因素和收入和财富分配的动态的特征。 这些项目可以分为两个主要群体，这些群体的收入和财富重新分配的机制有所不同。 第一组项目考虑了不可保险的就业风险，而第二组允许通过代理人相互作用产生的税收政策进行重新分配。 第一个项目试图回答以下问题：战后收入分配的主要特性是否可以由与经济活动波动相关的运动来解释。 就业和产出的因素均具有强烈的周期性行为。 使用的模型很难解决，这项研究将解决更简单的经济体。 与刚刚描述的问题相关的是，什么可以解释财富分配中Gini指数的庞大价值。 在第二个项目中解决了这一问题的问题，该问题旨在确定未经保险劳动收入风险的过程的属性，这些劳动收入风险如观察到的那样获得财富分配所需的。 该劳动收入过程将与实证研究中的劳动收入过程进行比较。 这项研究的第二部分涉及经济政策确定的一般问题及其与人们在关键变量（如财富等关键变量上的分布）的关系。 它建立在政治平衡的动态概念的基础上。 涉及的特定项目首先是为了研究与增长绩效和财富分配相关的经验发现，研究重新分配模型的成功。 第二个项目探讨了自第二次世界大战以来收入和财富分配的变化。 它的目的是找出可以纯粹基于重新分配的理由来解决这些更改中的多少。 ***