Persistent Inequality in the Framework of a Perfect Loan Market

The literature on income inequality and growth has considered credit market imperfection to be a key factor in persistent inequality. This paper provides a simple example in which income inequality can persist even if the credit market is perfect

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Year of publication:	[2009]
Authors:	Nakajima, Tetsuya
Publisher:	[2009]: [S.l.] : SSRN
Subject:	Einkommensverteilung \| Income distribution \| Theorie \| Theory \| Kreditmarkt \| Credit market

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Extent:	1 Online-Ressource (13 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 9, 2006 erstellt
Other identifiers:	10.2139/ssrn.931860 [DOI]
Classification:	D31 - Personal Income, Wealth and Their Distributions ; I22 - Educational Finance ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012721528