Capital Accumulation and Income Distribution
Author: Donald J. Harris
Publisher:
Published: 1978
Total Pages: 313
ISBN-13: 9780804709477
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Income Distribution in Macroeconomic Models
Author: Giuseppe Bertola
Publisher: Princeton University Press
Published: 2014-09-28
Total Pages: 440
ISBN-13: 1400865093
DOWNLOAD EBOOK →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 market imperfections and for political-economic interactions. The treatment is thorough, yet accessible to students and nonspecialist economists, and it offers specialist readers a wide-ranging and innovative treatment of an increasingly important research field. The book follows a single analytical thread through a series of different growth models, allowing readers to appreciate their structure and crucial assumptions. This is particularly useful at a time when the literature on income distribution and growth has developed quickly and in several different directions, becoming difficult to overview.
A Theory of Wealth Distribution and Accumulation
Author: Mauro Baranzini
Publisher: Oxford University Press
Published: 1991
Total Pages: 296
ISBN-13: 9780198233138
DOWNLOAD EBOOK →This volume provides a general framework for a macroeconomic theory of income distribution and wealth distribution and accumulation. The book is divided into two parts. In the first the author surveys the sets of literature on the subject and relates them to each other. In the second part he makes his own contribution by presenting a new model which uses both neo-classical and post-Keynesian analytical tools. The author focuses on the laws which regulate the behavior of individuals and social groups within a given institutional set-up, and in particular those which regulate the accumulation of inter-generational wealth and life-cycle savings of families or dynasties, both in a deterministic and stochastic context. The theoretical issue of savings accumulation is reconsidered, alongside income distribution, and profit determination by concentrating on the historical reasons that are at the basis of "class distinction," as well as "generation distinction," in modern economic analysis.
Human capital accumulation and income distribution
Income Distribution, Market Imperfections and Capital Accumulation in a Developing Economy
Author: Asim K. Dasgupta
Publisher: Springer
Published: 2018-11-13
Total Pages: 78
ISBN-13: 9811316333
DOWNLOAD EBOOK →The book explains the problem of insufficient capital accumulation and growth in a less developed country. In conventional analyses, such explanations are often found exogenised in terms of factors such as socio-cultural attitudes towards saving and investment, irrationality of peasant behaviour, technological aspects of externalities and demographic parameters. This book provides an alternative explanation in terms of distribution of income and assets. Focusing on the agricultural sector of a developing economy, it describes how this approach can be extended to cover the industrial sector as well. Further, it develops a model that is then used to analyse the specific problem of capital accumulation in agriculture.
Theories of Income Distribution
Author: Athanasios Asimakopulos
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 258
ISBN-13: 9400926618
DOWNLOAD EBOOK →This book brings together the work of scholars who have written for it independent essays in their areas of particular expertise in the general field of income distribution. The first eight chapters provide a review of the major theories of income distribution, while the final two are con cerned with problems of empirical estimates and inferences. One of these chapters presents estimates of factor shares in national income in the United States, the United Kingdom and Canada, while the other ex amines how relationships between the size distribution of income and economic development are being investigated. A convenient way of conveying an understanding of how economic theorists have dealt with the distribution of income is to examine separ ately each major approach to this subject. Each contributor was thus assigned a particular approach, or a major theorist. No attempt was made to avoid the apparent duplication that occurs when the same references are examined by different contributors. The reader gains by seeing how the same material can be treated by those looking at it from different perspectives. A chapter each has been devoted to Marx and Marshall.
Economic Growth and Distribution
Author: Neri Salvadori
Publisher: Edward Elgar Publishing
Published: 2006-01-01
Total Pages: 458
ISBN-13: 9781781008218
DOWNLOAD EBOOK →Economic Growth and Distribution isolates and compares the logical structures and methodological underpinnings underlying the relationship between economic growth and distribution. It carries out an in-depth analysis of a wide range of issues connected with growth theory considered from different theoretical perspectives. Its uniqueness is derived from the original contributions by a number of scholars of different persuasions; some within the mainstream and others from Keynesian-Kaleckian-Sraffian positions. The book deals with a wide variety of research topics concerning economic growth and distribution, such as the transition from the epoch of Malthusian stagnation to the contemporary era of modern economic growth; comparisons among the classical tradition, modern theory, and heterodox models; problems of policy; dynamics and business cycles; the role on institutions.
Rising Inequality in China
Author: Shi Li
Publisher: Cambridge University Press
Published: 2013-10-31
Total Pages: 531
ISBN-13: 1107002915
DOWNLOAD EBOOK →This book examines the evolution of economic inequality in China from 2002 to 2007; a sequel to Inequality and Public Policy in China (2008).
Human Capital Accumulation and Income Distribution
Author: Raquel Fernandez (Ph.D.)
Publisher:
Published: 1992
Total Pages: 26
ISBN-13:
DOWNLOAD EBOOK →The non-existence of credit markets implies that initial income is a determinant of who actually obtains an education. We consider the outcome of a process in which income is taxed to provide subsidies for education. and taxes are chosen by majority voting. We characterize the outcome as a function of both the level and the distribution of income in the economy. In particular we derive conditions under which middle income individuals ally themselves with upper income individuals at the expense of lower income individuals, and vice versa. The analysis determines the relationship between human capital accumulation and distribution of income.
The Role of Human Capital Accumulation in Determining Income Distribution
