|
| |
| Yuexing Lan and Charles Hegji |
| |
| ''A new look at the trickle-down effect in the united states economy'' |
| ( 2009, Vol. 29 No.3 ) |
| |
| |
| This paper is a further investigation of the trickle-down theory. In addition to using more recent data, we use a methodology that examines some questions not previously addressed in the literature. The results suggest that an increase in wage leads to a more equal income distribution. The findings also indicate that there is no ¡°trickle-down¡± from proprietors¡¯ income and corporate profits to lower income group. |
| |
| |
| Keywords: |
JEL: I3 - Welfare and Poverty: General
|
| |
| Manuscript Received : Nov 10 2008 | | Manuscript Accepted : Jul 23 2009 |
|
