Distribution (economics)


In . But, where focus is on income of persons or households, adjustments to a national accounts or other data sources are frequently used. Here, interest is often on the fraction of quintiles, and on the factors that might impact them globalization, tax policy, technology, etc..

Descriptive, theoretical, scientific, and welfare uses


Income distribution can describe a prospectively observable part of an economy. It has been used as an input for testing theories explaining the distribution of income, for example human capital impression and the view of economic discrimination Becker, 1993, 1971.

In distinguished from the distribution of income for those output possibilities. But in the formal theory of rules for alternative from feasible distributions of income and output are a way of representing normative economics at a high level of generality.