This paper presents a model of capital accumulation and income distribution that comes from the dynamic interaction between capitalists and workers in an economy. The model is later applied to fit data from the Argentine and the US economies, and to test if they are closer to the implications of...

We estimate the Marginal Cost of Public Funds for Argentina using a Computable General Equilibrium (CGE) model, assessing the sensitivity of the results to the existence of alternative regulatory regimes (price-cap and cost-plus) for public utilities subject to regulation. The estimates are in...