scispace - formally typeset
Open AccessBook

Inequality, economic growth, and technological change : new aspects in the old debate

Reads0
Chats0
TLDR
A survey of growth and the functional income distribution: the classical and Marxian perspectives Distributional aspects of Keynesian and neoclassical growth theory The Kuznets hypothesis and some cross-section data as mentioned in this paper.
Abstract
Where do we stand? A survey: Growth and the functional income distribution: the classical and Marxian perspectives Distributional aspects of Keynesian and neoclassical growth theory The Kuznets hypothesis and some cross-section data How inequality and redistribution affects growth How technological change affects the income distribution.- Status concerns, inequality, and growth: Motivation The model Equilibrium growth Preferred growth rates and redistribution Discussion Summary.- Inequality, voting over public consumption, and growth: Motivation Voting over public expenditure: a simple model Public expenditure in a growth model Equilibrium growth and public consumption Individual demand for public consumption and growth Voting equilibrium in the growth model Discussion Some empirical evidence Summary.- Skilled labor reallocation, wage inequality, and growth:. Motivation The model Perfect foresight growth equilibrium Comparative static results Discussion Summary.- Where do we go from here? Conclusions and open questions:.

read more

Citations
More filters
Posted Content

Should Continued Family Firms Face Lower Taxes than other Estates

TL;DR: In this article, the authors investigate analytically and quantitatively the trade-off between transaction costs saved and creative destruction prevented, and find that a unique general equilibrium exists at which, depending on the institutional setup, low-ability heirs either abandon (Type 1) or continue (Type 2) a family business.
Journal ArticleDOI

ICT and income inequality: a cross-national perspective

TL;DR: The importance of information and communications technology (ICT) for economic growth and development is widely researched and seemingly well understood, but the effect of such investments on incom... as mentioned in this paper, but the importance of ICT is not well understood.
Journal ArticleDOI

Risky human capital investment, income distribution, and macroeconomic dynamics

TL;DR: In this article, the authors examined the implications of human capital risk for the relationship between inequality and economic development and found that, in the absence of credit constraints, higher inequality tends to increase the aggregate human capital stock and per capita income.
References
More filters
Journal ArticleDOI

ICT and income inequality: a cross-national perspective

TL;DR: The importance of information and communications technology (ICT) for economic growth and development is widely researched and seemingly well understood, but the effect of such investments on incom... as mentioned in this paper, but the importance of ICT is not well understood.
Journal ArticleDOI

Should Continued Family Firms Face Lower Taxes than Other Estates

TL;DR: In this paper, the authors investigate analytically and quantitatively the trade-off between transaction costs saved and creative destruction prevented, and find that a unique general equilibrium exists at which, depending on the institutional setup, low-ability heirs either abandon (Type 1) or continue (Type 2) a family business.
Related Papers (5)