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A classical model of education, growth and distribution

Dutt, Amitava Krishna; Veneziani, Roberto - 2017

recent stylized facts on growth, distribution and education for the US. …

Persistent link: https://www.econbiz.de/10011927982

Education and "human capitalists" in a classical-Marxian model of growth and distribution

Dutt, Amitava Krishna; Veneziani, Roberto - 2017

A simple classical-Marxian model of growth and distribution is developed in which education transforms low …-skilled wages and profit income. We analyze the implications for class divisions, growth and distribution, of the transformation of … education can have a positive effect on growth but by altering the distribution of income rather than by fostering technological …

Persistent link: https://www.econbiz.de/10011927983

Pandemics and aggregate demand: A framework for policy analysis

Flaschel, Peter; Galanis, Giorgos; Tavani, Daniele; … - 2021

This paper studies the interaction between epidemiological dynamics and the dynamics of economic activity in a demand-driven model in the structuralist/post-Keynesian tradition. On the one hand, rising aggregate demand increases the contact rate and therefore the probability of exposure to a...

Persistent link: https://www.econbiz.de/10012668962

A classical-Marxian model of education, growth and distribution

Dutt, Amitava Krishna; Veneziani, Roberto - 2010

This paper develops a classical-Marxian macroeconomic model to examine the growth and distributional consequences of education. First, the role of education in skill formation is considered and it is shown that an expansion in education will promote growth and have beneficial distributional...

Persistent link: https://www.econbiz.de/10010287828