High-Income Family

A High-Income Family is a family composed of high-income households.

• Example(s):
  • The .
  • …
• Counter-Example(s):
  • a Low-Income Family.
• See: High-Wealth Family, Family Business.

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References

2001

• (Chami, 2001) ⇒ Ralph Chami. (2001). “What is Different About Family Businesses ?." IMF Working Paper No. 01/70
  • ABSTRACT: Family businesses make up forty percent of the Fortune 500 companies in the US, generate about two-thirds of the German GDP, employ about one-half of the labor force in Britain, and account for the majority of the private economies in developing countries. This paper develops a theory of family business that brings market forces and the family, as a nonmarket institution, under one rubric. The paper highlights and analyzes important factors, including product market competition, trust, and succession, which allow family businesses to thrive and to successfully compete with other businesses.

1996

• (Slemrod, 1996) ⇒ Joel Slemrod. (1996). “High-income Families and the Tax Changes of the 1980s: The Anatomy of Behavioral Response.” In: Empirical foundations of household taxation, pp. 169-192. University of Chicago Press,

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