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There are complex models of income inequality.
A further extension considers general equilibrium models of income distribution and treatment effects (Heckman et al., 1998; Abbring and Heckman, 2007).
In a review of assignment models of income distribution, Sattinger (1993) shows graphically how the aggregate distribution of earnings is constructed from underlying distributions of earnings within occupations.
They conceptualize these organizations as complex adaptive systems composed of agents, including patients, office staff and physicians, who enact internal models of income generation, patient care and organizational operations.
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The model of income determination presented above is exceedingly simple; it captures little of the complexity of a modern industrialized economy.
By placing an otherwise out-of-reach municipal service into the hands of citizens, Bilikiss has created a simple, open and accessible model of income for those living and working in the informal setting of the slums.
We study political competition in a simple Mirrleesian model of income taxation.
Table 7 presents the results of the estimated model of income after joining or having microfinance.
Mr Davies is critical of the model of income tax powers in the process of being devolved from Westminster.
Mr Davies is critical of the model of income tax powers in the process of being devolved from Westminster to Cardiff Bay.
Mr Davies has already been involved in a public disagreement with Welsh Secretary David Jones over the model of income tax powers in the process of being devolved from Westminster to Cardiff Bay.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com