It takes the average reader 4 hours and 40 minutes to read Modelling Income Distribution by John Creedy
Assuming a reading speed of 250 words per minute. Learn more
This book collects recent research on modelling income distribution and redistribution by John Creedy and a number of other eminent co-authors. The book opens with the main results of a research programme, largely with Vance Martin, on distributional modelling using the generalised exponential family. The authors argue that the major advantages of this family are its flexibility, particularly in handling multimodality, and the explicit link with structural demand and supply models. The book goes on to discuss the research, undertaken with Alex Bakker, on the effects of macroeconomic variables, particularly unemployment and inflation, on the personal distribution. The use of the generalised exponential family in this context is explored, as well as the use of mixture distributions. Finally, income redistribution is examined in depth. This includes work, mainly with Justin van de Ven, on decomposing the redistributive effects of taxes into vertical, horizontal and reranking effects. The final chapters, with Duangkamon Chotikapanich, explore the Bayesian estimation of a range of social welfare, inequality and tax progressivity measures. Posterior distributions of the measures are obtained. Modelling Income Distribution should be of interest to a wide range of academics and researchers with an interest in welfare economics and econometric theory.
Modelling Income Distribution by John Creedy is 280 pages long, and a total of 70,000 words.
This makes it 94% the length of the average book. It also has 86% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 6 hours and 22 minutes to read Modelling Income Distribution aloud.
Modelling Income Distribution is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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