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Distribution of Income and Wealth in Ontario : Theory and Evidence by Charles M. Beach; Frank Flatters; David E. Card is a book available to read on EtoBox.

What is Distribution of Income and Wealth in Ontario : Theory and Evidence about?

Distribution analysis has advanced remarkably in recent years, and this is a valuable application of its principles to a Canadian context. The book provides an extensive survey of recent literature and a new source of income and wealth distribution data for Ontario, drawn from newly available microdata sets. It also presents an evaluation of the data as a basis for measuring inequality in the distribution of economic and well-being.The empirical results illustrate how incomes vary significantly with age according to labour market attachment and experience, educational attainment and occupation, transfer receipts, and investment benefits. Similarly, strong age effects on net worth account reflect life-cycle patterns in asset holdings and debts typically associated with family investment in housing and financial adjustments for retirement. Differences in family size and composition have a substantial effect on the structure of family economic well-being. The inequality effects of adjusting for accrued capital gains and net worth holdings can also be quite significant. It is found that the distributional effects of CPP net benefits are considerable, although they are not as equalizing

Author

Charles M. Beach; Frank Flatters; David E. Card

Publisher

Toronto ; Buffalo: Published for the Ontario Economic Council by University of Toronto Press

Published

1981

Language

EN

ISBN

9780802033697

Subjects

Business, Finance, Economics