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...

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Bibliographic Details
Main Authors: Bertola, Giuseppe (Author), Foellmi, Reto (Author), Zweimüller, Josef (Author)
Format: Electronic eBook
Language:English
Published: Princeton, N.J. : Princeton University Press, [2006]
Subjects:
Online Access:Connect to this title online (unlimited users allowed)
Table of Contents:
  • 1. Production and distribution of income in a market economy
  • 2. Exogenous savings propensities
  • 3. Optimal savings
  • 4. Factor income distribution
  • 5. Savings and distributions with finite horizons
  • 6. Factor shares and taxation in the OLG model
  • 7. Investment opportunities and the allocation of savings
  • 8. Risk and financial markets
  • 9. Uninsurable income shocks
  • 10. Distribution and market power
  • 11. Indivisible goods and the composition of demand
  • 12. Hierarchic preferences
  • 13. Dynamic interaction of demand and supply.