Income Distribution in Macroeconomic Models

Autori

• Giuseppe Bertola
• Reto Foellmi
• Josef Zweimüller

Parametri

• 440 pagine
• 16 ore di lettura

• Economia e affari

Maggiori informazioni sul libro

The book explores the intricate relationship between income and wealth distribution and its impact on the macroeconomy. It questions whether a more equal income distribution fosters or hinders macroeconomic growth and examines the evolution of wealth in a market economy. Drawing on advancements from the 1990s growth theory revival, the authors emphasize capital accumulation and long-term growth. They apply sophisticated optimization techniques to address market imperfections and political-economic dynamics, moving beyond traditional representative-agent models.

Lingua: Inglese

Pubblicato: 2014

(In brossura)