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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Detalles Bibliográficos
Autor principal: Bertola, Giuseppe (-)
Otros Autores: Foellmi, Reto, Zweimüller, Josef
Formato: Libro
Idioma:Castellano
Publicado: Princeton (New Jersey) Princeton University Press 2014
Edición:1st edition
Materias:
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Descripción
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
Descripción Física:456 páginas : gráficas ; 25 cm
ISBN:9780691164595