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Paperback Income Distribution in Macroeconomic Models Book

ISBN: 0691164592

ISBN13: 9780691164595

Income Distribution in Macroeconomic Models

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Format: Paperback

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Book Overview

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...

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