Accession Number:

AD0699922

Title:

A SIMPLE HYPOTHESIS OF INCOME DISTRIBUTIONS,

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CALIF

Personal Author(s):

Report Date:

1970-01-01

Pagination or Media Count:

27.0

Abstract:

The key assumption of the paper, namely a constant industry wage structure and level across areas, is an approximation. The relevant question is how well the approximation serves for predicting income distribution. The size of the canonical correlation coefficients show that for predicting the distribution of incomes across states the assumption serves quite well. Author

Subject Categories:

  • Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE