interrelationships between inequality and economic growth. This paper develops a simple model to establish that the change in income … result, the relationship between growth and inequality can take the form of a wave. This simple theoretical model is a …High income growth in many countries in East Asia and the Middle East has been accompanied by increasing income …

We propose a theoretical model/framework for the analysis of the concomitant effects of structural changes in both … production and consumption, on long run economic growth and income distribution. To accomplish with such a broad aim, we develop … an evolutionary model with agentbased microfoundations. At the core of the model we take into account: (i) firmlevel …

distribution, growth and international specialization. The model is explored both for the steady-state properties and the …This paper explores the features of a dynamic multisectoral model which focuses on the relationship between income … transitory dynamics of integrated economies. Income inequality affects the patterns of growth and international specialization as …

physical capital to study the interaction of international capital flows and growth. Analytically, we study conditions under … long-term growth via the accumulation of human capital. Our mechanism shows how a small initial difference in the level of …

shares and in automation capital. Second, we analyse and calibrate a neoclassical growth model extended to include factor … change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth … and traditional capital are complements. The model replicates the dynamics of the observed functional income distribution …

that the post-Kaleckian model is able to cover many, but not all of the results generated by the old neoclassical growth … model, new neoclassical growth theories, classical/Marxian distribution and growth approaches, and post-Keynesian Kaldor …Starting from a review of the main strands of orthodox and heterodox distribution and growth models and their …

step, we present a standard neoclassical growth model augmented by automation capital and capital adjustment costs that is …, automation capital, and population growth. In the empirical analysis, we find indications for cointegrating equations for the …

We introduce distributive justice into a simple model of growth and distribution. Two groups ("classes") of otherwise … supplies one unit of labour inelastically and desires a wage; and that the labour share impacts growth negatively in our "AK … conflict is resolved by the two positive and three normative criteria we consider. Thus, the macroeconomy (growth, factor …

We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary … to the received wisdom, we show that human capital accumulation is not necessarily growth-inducing and inequality …-reducing. Expansive education policies may foster growth and reduce earning inequalities between workers, but only by transferring income …

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 …