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In this work we present an endogenous growth model where the Government finances a pubblic good by imposing two taxes, one on the return of the accumlative factor and the other on the return of the not accumulative factor. In an economy where individuals have different initial factor endowments,...
Persistent link: https://www.econbiz.de/10011651157
Questo articolo analizza in una prospettiva unitaria i recenti contributi sul rapporto fra crescita e distribuzione. Lo scopo è di mostrare come l'attuale letteratura faccia sostanzialmene riferimento a due meccanismi di base: il primo di natura politico-economico e il secondo riconducibile...
Persistent link: https://www.econbiz.de/10011651203
Cooperative behavior often emerges at a group, rather than social level. In many instances we observe the formation of independent and sometime competing groups, teams, clubs, cooperatives (coalitions forshort) each of them persecuting the same goal (in turn provision of commodities,...
Persistent link: https://www.econbiz.de/10011651204
In the human capital literature, it is usually assumed that human capital is paid according to its marginal productivity. Nevertheless, in the real world labor compensation is linked to a fixed hierarchy due to the division and labor organization. Access to privileged positions in the hierarchy...
Persistent link: https://www.econbiz.de/10011651225