Wealth Distribution and Taxation - DARP
Wealth Distribution and Taxation - DARP
Wealth Distribution and Taxation - DARP
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<strong>Wealth</strong> distribution overall<br />
• <strong>Distribution</strong> of W amongst<br />
f(W)<br />
wealthy<br />
• Take into account lower<br />
equilibrium<br />
w 0<br />
w 1<br />
0<br />
[1-t]B ** +tW<br />
<br />
*<br />
B **<br />
<br />
W<br />
11 February 2012 Frank Cowell: EC426 38
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