Income Distribution in Macroeconomic Models / / Reto Foellmi, Giuseppe Bertola, Josef Zweimüller.

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 resul...

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Superior document:Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Backlist 2000-2013
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Place / Publishing House:Princeton, NJ : : Princeton University Press, , [2014]
©2005
Year of Publication:2014
Edition:Course Book
Language:English
Online Access:
Physical Description:1 online resource (456 p.) :; 29 line illus.
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100 1 |a Bertola, Giuseppe,   |e author.  |4 aut  |4 http://id.loc.gov/vocabulary/relators/aut 
245 1 0 |a Income Distribution in Macroeconomic Models /  |c Reto Foellmi, Giuseppe Bertola, Josef Zweimüller. 
250 |a Course Book 
264 1 |a Princeton, NJ :   |b Princeton University Press,   |c [2014] 
264 4 |c ©2005 
300 |a 1 online resource (456 p.) :  |b 29 line illus. 
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505 0 0 |t Frontmatter --   |t Contents --   |t Introduction --   |t Part One. Aggregate Growth and Individual Savings --   |t CHAPTER ONE. Production and Distribution of Income in a Market Economy --   |t CHAPTER TWO. Exogenous Savings Propensities --   |t CHAPTER THREE. Optimal Savings --   |t CHAPTER FOUR. Factor Income Distribution --   |t CHAPTER FIVE. Savings and Distribution with Finite Horizons --   |t CHAPTER SIX. Factor Shares and Taxation in the OLG Model --   |t Part Two. Financial Market Imperfections --   |t CHAPTER SEVEN. Investment Opportunities and the Allocation of Savings --   |t CHAPTER EIGHT. Risk and Financial Markets --   |t CHAPTER NINE. Uninsurable Income Shocks --   |t Part Three. Many Goods --   |t CHAPTER TEN. Distribution and Market Power --   |t CHAPTER ELEVEN. Indivisible Goods and the Composition of Demand --   |t CHAPTER TWELVE. Hierarchic Preferences --   |t CHAPTER THIRTEEN. Dynamic Interactions of Demand and Supply --   |t Solutions to Exercises --   |t References --   |t Index 
506 0 |a restricted access  |u http://purl.org/coar/access_right/c_16ec  |f online access with authorization  |2 star 
520 |a 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. 
530 |a Issued also in print. 
538 |a Mode of access: Internet via World Wide Web. 
546 |a In English. 
588 0 |a Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021) 
650 7 |a BUSINESS & ECONOMICS / Economics / Macroeconomics.  |2 bisacsh 
700 1 |a Foellmi, Reto,   |e author.  |4 aut  |4 http://id.loc.gov/vocabulary/relators/aut 
700 1 |a Zweimüller, Josef,   |e author.  |4 aut  |4 http://id.loc.gov/vocabulary/relators/aut 
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776 0 |c print  |z 9780691121710 
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