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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Main Authors: | , , |
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Format: | Electronic eBook |
Language: | English |
Published: |
Princeton, N.J. :
Princeton University Press,
[2006]
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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.