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distribution of income and wealth a technical data without reverse influence on growth itself. On the other hand, the gathered …, basically a-institutional, considers the growth rate as exogenous, and ignores the heterogeneity of capital, making the … stylized facts, and insights associated incite to the reflection on the ins and outs of the distribution of income and wealth …
Persistent link: https://www.econbiz.de/10010938807
function of r ¯ − g where r ¯ is the net-of-tax rate of return on wealth and g is the economy's growth rate. This suggests that …This chapter offers an overview of the empirical and theoretical research on the long-run evolution of wealth and … inheritance. Wealth–income ratios, inherited wealth, and wealth inequalities were high in the eighteenth to nineteenth centuries …
Persistent link: https://www.econbiz.de/10014025330
This paper presents a simple two-country model with mobile capital and immobile labour, in which there are two classes … of individuals, the workers and the capital owners. A source-based tax on capital income is used to finance transfers to …), capital income is shown to be undertaxed at the non-cooperative equilibrium relative to the autarkic situation. …
Persistent link: https://www.econbiz.de/10005669235
defined. Overall, all that policy makers need to know in order to look for improvements in efficiency and/or distribution …
Persistent link: https://www.econbiz.de/10005769627
This paper shows that growth models featuring the representative consumer (RC) assumption can generate rich dynamics … for the cross- sections of consumption, wealth and income. …
Persistent link: https://www.econbiz.de/10005450546
, private investment in children's health and education and human capital accumulation. I have used a growth model with …This article analyzes the effect of public policy intervention in the production of health capital on fertility … an additional factor that affects children's human capital, which is health. I analyze the overall society-wide effect of …
Persistent link: https://www.econbiz.de/10012207881
Within the context of the neoclassical growth model I investigate the implications of (initial) endowment inequality … wealth if the rich exhibit a higher intertemporal elasticity of substitution. Unlike the Solow-Stiglitz model, the steady …
Persistent link: https://www.econbiz.de/10010316050
, private investment in children's health and education and human capital accumulation. I have used a growth model with …This article analyzes the effect of public policy intervention in the production of health capital on fertility … an additional factor that affects children's human capital, which is health. I analyze the overall society-wide effect of …
Persistent link: https://www.econbiz.de/10012171809
Within the context of the neoclassical growth model I investigate the implications of (initial) endowment inequality … wealth if the rich exhibit a higher intertemporal elasticity of substitution. Unlike the Solow-Stiglitz model, the steady …
Persistent link: https://www.econbiz.de/10008491724
Within the context of the neoclassical growth model I investigate the implications of (initial) endowment inequality … wealth if the rich exhibit a higher intertemporal elasticity of substitution. Unlike the Solow-Stiglitz model, the steady …
Persistent link: https://www.econbiz.de/10005184887