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Income distribution in macroeconomic models /
This book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa. Is a more equal distribution of income beneficial or harmful for macroeconomic growth, and how does the distribution of wealth evolve in a market economy? Taking stock of resul...
| Clasificación: | Libro Electrónico |
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| Autores principales: | , , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Princeton, N.J. :
Princeton University Press,
[2006]
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | This book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa. Is a more equal distribution of income beneficial or harmful for macroeconomic growth, and how does the distribution of wealth evolve in a market economy? Taking stock of results and methods developed in the context of the 1990s revival of growth theory, the authors focus on capital accumulation and long-run growth. They show how rigorous, optimization-based technical tools can be applied, beyond the representative-agent framework of analysis, to account for realistic. |
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| Descripción Física: | 1 online resource (xviii, 421 pages) : illustrations |
| Bibliografía: | Includes bibliographical references (pages 399-417) and index. |
| ISBN: | 9781400865093 1400865093 9780691164595 0691164592 9781306984089 1306984084 |