Narrow your search

Library

National Bank of Belgium (2)

UCLouvain (2)

UNamur (2)

Vlerick Business School (2)

VUB (2)

KU Leuven (1)

UAntwerpen (1)

UGent (1)


Resource type

book (2)

digital (1)


Language

English (2)


Year
From To Submit

2006 (2)

Listing 1 - 2 of 2
Sort by
Income distribution in macroeconomic models
Authors: --- ---
ISBN: 0691164592 0691121710 1400865093 9781400865093 9780691121710 Year: 2006 Publisher: Princeton (N.J.): Princeton university press,

Loading...
Export citation

Choose an application

Bookmark

Abstract

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.

Income distribution in macroeconomic models
Authors: --- ---
ISBN: 9781400865093 9780691121710 1400865093 0691121710 Year: 2006 Publisher: Princeton, New Jersey : Princeton University Press,

Loading...
Export citation

Choose an application

Bookmark

Abstract

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 1990's 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.

Listing 1 - 2 of 2
Sort by