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 …

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 …

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 …

between economic growth and income inequity. We develop a simple model to establish that economic growth and inequality can … (economic growth). Our findings for the Associations of Southeast Asian Nations (ASEAN), People Republic of China and India (ACI …) economies are two-fold: first, we observed that for low values of economic growth, inequality and growth bear an inverted U …

This paper analyzes the effects of personal income tax progressivity on long-run economic growth, income inequality and … effects (lower GDP growth and lower income inequality); and welfare effects (lower dispersion of consumption across … individuals and higher leisure levels, but also lower growth of future consumption). The social discount factor proves to be …

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 …

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 …

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 …

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 …