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Superstars and Pyramids: Two Complementary Explanations for Changes in Top Earnings

A. B. Atkinson

in The Changing Distribution of Earnings in OECD Countries

Published in print:
2008
Published Online:
September 2008
ISBN:
9780199532438
eISBN:
9780191714559
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199532438.003.0010
Subject:
Economics and Finance, Development, Growth, and Environmental, International

This chapter considers the explanation of top earnings that has received much recent attention: the superstar theory. Here, trade and technology have a clear role in expanding the reach of the most ... More


Conclusions

A. B. Atkinson

in The Changing Distribution of Earnings in OECD Countries

Published in print:
2008
Published Online:
September 2008
ISBN:
9780199532438
eISBN:
9780191714559
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199532438.003.0011
Subject:
Economics and Finance, Development, Growth, and Environmental, International

This chapter reviews the discussions in the preceding chapters. It argues that the distribution of earnings is not outside our control. Although governments are constrained by the global economy and ... More


Introduction: What This Lecture Is About

A. B. Atkinson

in The Changing Distribution of Earnings in OECD Countries

Published in print:
2008
Published Online:
September 2008
ISBN:
9780199532438
eISBN:
9780191714559
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199532438.003.0002
Subject:
Economics and Finance, Development, Growth, and Environmental, International

This introductory chapter begins with a brief discussion of the overall theme of this book, which is the distribution of individual earnings or household income. Specifically, the book examines ... More


What We Are Seeking to Explain

A. B. Atkinson

in The Changing Distribution of Earnings in OECD Countries

Published in print:
2008
Published Online:
September 2008
ISBN:
9780199532438
eISBN:
9780191714559
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199532438.003.0008
Subject:
Economics and Finance, Development, Growth, and Environmental, International

This chapter considers two theories to explain the earnings dispersion in the different countries studied: shifting pay norms and pyramidal/superstar theories. It argues that the fanning out of the ... More


A Behavioural Model of Change in Differentials: The ‘Fanning Out’ at the Top of the Earnings Distribution

A. B. Atkinson

in The Changing Distribution of Earnings in OECD Countries

Published in print:
2008
Published Online:
September 2008
ISBN:
9780199532438
eISBN:
9780191714559
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199532438.003.0009
Subject:
Economics and Finance, Development, Growth, and Environmental, International

This chapter considers a behavioural model of changes in differentials, directed particularly at explaining the fanning out of the upper part of the earnings distribution. It suggests that changes ... More


Superstars and Pyramids

A. B. Atkinson

in The Changing Distribution of Earnings in OECD Countries

Published in print:
2008
Published Online:
September 2008
ISBN:
9780199532438
eISBN:
9780191714559
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199532438.003.0014
Subject:
Economics and Finance, Development, Growth, and Environmental, International

This note describes the model of top earnings presented in Chapter 9. The model is a combination of superstar and hierarchical explanations. In the case of the superstar theory, there is no direct ... More


Economics of Time

John P. Burkett

in Microeconomics: Optimization, Experiments, and Behavior

Published in print:
2006
Published Online:
October 2011
ISBN:
9780195189629
eISBN:
9780199850778
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195189629.003.0016
Subject:
Economics and Finance, Microeconomics

This chapter examines issues related to the economics of time. It explains that in addition to its application in the calculation of interest rate or the price for the use of money for a period of ... More


Introduction

Alfred Maizels, Robert Bacon, and George Mavrotas

in COMMODITY SUPPLY MANAGEMENT BY PRODUCING COUNTRIES: A Case-Study of the Tropical Beverage Crops

Published in print:
1997
Published Online:
October 2011
ISBN:
9780198233381
eISBN:
9780191678981
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198233381.003.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

Initially, the international commodity markets experienced high short-term price instability. Although there still were important commodities that showed short-term instability, real commodity prices ... More


Government Benefits

Lane Kenworthy

in Jobs with Equality

Published in print:
2008
Published Online:
September 2008
ISBN:
9780199550593
eISBN:
9780191720727
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199550593.003.0007
Subject:
Political Science, Comparative Politics, Political Economy

This chapter begins by examining the relationship between government benefits and inequality and between benefits and employment. It uses a new approach to measuring comparative benefit generosity, ... More


Skills

Lane Kenworthy

in Jobs with Equality

Published in print:
2008
Published Online:
September 2008
ISBN:
9780199550593
eISBN:
9780191720727
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199550593.003.0009
Subject:
Political Science, Comparative Politics, Political Economy

Educational attainment is a good predictor of individuals' employment and earnings. In the standard view, this is because education is a useful measure of skills, which in turn are a key determinant ... More


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