Income Distribution in Macroeconomic Models
| Year of publication: |
2014
|
|---|---|
| Authors: | Bertola, Giuseppe |
| Other Persons: | Foellmi, Reto (contributor) ; Zweimüller, Josef (contributor) |
| Publisher: |
Princeton : Princeton University Press |
| Subject: | Makroökonometrie | Macroeconometrics | Theorie | Theory | Einkommensverteilung | Income distribution |
| Description of contents: | Table of Contents [gbv.de] |
| Extent: | Online-Ressource (440 p) |
|---|---|
| Type of publication: | Book / Working Paper |
| Language: | English |
| Notes: | Description based upon print version of record Cover; Title; Copyright; Contents; Introduction; PART ONE Aggregate Growth and Individual Savings; CHAPTER ONE: Production and Distribution of Income in a Market Economy; 1.1 Accounting; 1.2 The Neoclassical Theory of Distribution; CHAPTER TWO: Exogenous Savings Propensities; 2.1 A Linear Consumption Function; 2.2 References and Further Issues; CHAPTER THREE: Optimal Savings; 3.1 The Optimal Consumption Path; 3.2 The Dynamics of Accumulation and Distribution; 3.3 Welfare Distribution in Complete Markets; 3.4 References and Further Issues; 3.5 Appendix: HARA Preferences; 3.6 Review Exercises CHAPTER FOUR: Factor Income Distribution4.1 Factor Shares and Savings in Early Growth Models; 4.2 Factor Shares in the Neoclassical Growth Model; 4.3 Optimal Savings and Sustained Growth; 4.4 Policy and Political Economy; 4.5 References and Further Issues; 4.6 Appendix: Factor Shares in a Two-Sector Growth Model; CHAPTER FIVE: Savings and Distribution with Finite Horizons; 5.1 Distribution and Growth in the Two-Period OLG Model; 5.2 Inequality in a Perpetual Youth Model; 5.3 One-Period Lifetimes and Bequests ; 5.4 References and Further Issues 5.5 Appendix: Consumption in the Perpetual Youth ModelCHAPTER SIX: Factor Shares and Taxation in the OLG Model; 6.1 Factor Shares in the Two-Period Model; 6.2 Factor Shares and Growth in the Perpetual Youth Model; 6.3 References and Further Issues; PART TWO Financial Market Imperfections; CHAPTER SEVEN: Investment Opportunities and the Allocation of Savings; 7.1 Decreasing Returns to Individual Investment; 7.2 Increasing Returns and Indivisibilities; 7.3 Endogenous Factor Prices and "Trickle-Down" Growth; 7.4 References and Further Issues; 7.5 Review Exercises CHAPTER EIGHT: Risk and Financial Markets8.1 Optimization under Uncertainty; 8.2 Rate-of-Return Risk; 8.3 Portfolio Choice and Risk Pooling; 8.4 References and Further Issues; 8.5 Review Exercise; CHAPTER NINE: Uninsurable Income Shocks; 9.1 A Two-Period Characterization; 9.2 General Equilibrium: The CARA Case; 9.3 General Equilibrium: The CRRA Case; 9.4 Application: Uninsurable Risk in the Labor Markets; 9.5 References and Further Issues; PART THREE Many Goods; CHAPTER TEN: Distribution and Market Power; 10.1 Growth through Expanding Product Variety 10.2 Variable Elasticities of Substitution10.3 Factor Shares, Taxation, and Political Economy; 10.4 References and Further Issues ; CHAPTER ELEVEN: Indivisible Goods and the Composition of Demand; 11.1 Income Distribution and Product Diversity; 11.2 The Introduction of New Products; 11.3 Inequality and Vertical Product Differentiation; 11.4 References and Further Issues; CHAPTER TWELVE: Hierarchic Preferences; 12.1 A Basic Framework; 12.2 Growth, Distribution, and Structural Change; 12.3 References and Further Issues; CHAPTER THIRTEEN: Dynamic Interactions of Demand and Supply 13.1 Learning by Doing and Trickle-Down |
| ISBN: | 978-0-691-16459-5 ; 978-1-4008-6509-3 ; 978-0-691-16459-5 |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012678399