Income Distribution in Macroeconomic Models PDF
By:Giuseppe Bertola,Reto Foellmi,Josef Zweimüller
Published on 2014-09-28 by Princeton University Press
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This book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa. Is a more equal distribution of income beneficial or harmful for macroeconomic growth, and how does the distribution of wealth evolve in a market economy? Taking stock of results and methods developed in the context of the 1990s revival of growth theory, the authors focus on capital accumulation and long-run growth. They show how rigorous, optimization-based technical tools can be applied, beyond the representative-agent framework of analysis, to account for realistic market imperfections and for political-economic interactions. The treatment is thorough, yet accessible to students and nonspecialist economists, and it offers specialist readers a wide-ranging and innovative treatment of an increasingly important research field. The book follows a single analytical thread through a series of different growth models, allowing readers to appreciate their structure and crucial assumptions. This is particularly useful at a time when the literature on income distribution and growth has developed quickly and in several different directions, becoming difficult to overview.
This Book was ranked at 38 by Google Books for keyword Macroeconomics.
Book ID of Income Distribution in Macroeconomic Models's Books is faTvAwAAQBAJ, Book which was written byGiuseppe Bertola,Reto Foellmi,Josef Zweimüllerhave ETAG "Fov3EGEXr9M"
Book which was published by Princeton University Press since 2014-09-28 have ISBNs, ISBN 13 Code is 9781400865093 and ISBN 10 Code is 1400865093
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Book which have "456 Pages" is Printed at BOOK under CategoryBusiness and Economics
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