Income Distribution in Macroeconomic Models

by Josef Zweimuller, Reto Foellmi, Giuseppe Bertola, et al.

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...

• Format: Paperback
• Language: English
• ISBN: 0691164592
• ISBN13: 9780691164595
• Release Date: September 2014
• Publisher: Princeton University Press
• Length: 456 Pages
• Weight: 1.48 lbs.
• Dimensions: 1.0" x 6.1" x 9.2"