Jacques, Jean-François; Rebeyrol, Antoine - EconomiX, Université Paris Ouest-Nanterre la Défense … - 2007
Unlike Stiglitz, we show that an inegalitarian long run equilibrium can emerge in a Solow growth model framework, assuming a linear consumption function. We then interpret this result in line with Marxian economics, showing that this dynamic framework is consistent with Roemer's idea of...