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Opis

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.

Szczegóły książki

Kategoria Books in English Economics, finance, business & management Economics Macroeconomics

• Pełny tytuł: Income Distribution in Macroeconomic Models
• Autor: Giuseppe Bertola, Reto Foellmi, Josef Zweimuller
• Język: Angielski
• Oprawa: Miękka
• Liczba stron: 456
• EAN: 9780691164595
• ISBN: 0691164592
• ID: 05191997
• Wydawca: Princeton University Press
• Waga: 708 g
• Wymiary: 158 × 233 × 38 mm
• Data wydania: 28. September 2014

Ulubione w innej kategorii

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