Income Distribution: Inequalities, Impacts, and Incentives

Income Distribution: Inequalities, Impacts, and Incentives
ISBN-10
1606922025
ISBN-13
9781606922026
Category
Political Science
Pages
212
Language
English
Published
2009
Publisher
Nova Science Pub Incorporated
Author
Irving H. Wadell

Description

Income distribution has always been a central concern of economic theory and economic policy. Classical economists such as Adam Smith, Thomas Malthus and David Ricardo were mainly concerned with factor income distribution, that is, the distribution of income between the main factors of production, land, labour and capital. Modern economists have also addressed this issue, but have been more concerned with the distribution of income across individuals and households. Important theoretical and policy concerns include the relationship between income inequality and economic growth. The article economic inequality discusses the social and policy aspects of income distribution questions. This book presents significant and recent research developments.

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