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Social contracts about inequality and redistribution are country-specific. We rely on a model of inequality and redistribution where multiple steady states can emerge in given country. We link the model to the recent literature on beliefs and argue that beliefs are a major determinant of which...
Persistent link: https://www.econbiz.de/10013096858
1: Macro-economic and Financial Policies for Sustainability and Resilience -- 2: Can Economic Growth Last Forever? -- 3: Forms of Ownership for Sustainability and Resilience: the Need for Biodiversity and Corporate Diversity -- 4: Equality, Resilience and Sustainability: Rebalancing Commercial...
Persistent link: https://www.econbiz.de/10012814640