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A theory of wealth distribution and accumulation

Author: Mauro Baranzini
Publisher: Oxford : Clarendon Press ; New York : Oxford University Press, 1991.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:

Provides a general framework for a macroeconomic theory of income and wealth distribution. The book examines in particular the laws which regulate the accumulation of inter-generational wealth and  Read more...

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Document Type: Book
All Authors / Contributors: Mauro Baranzini
ISBN: 0198233132 9780198233138
OCLC Number: 22110963
Description: xxvi, 262 pages : illustrations ; 24 cm
Contents: Part 1 The modern macro-economic model of income distribution and wealth accumulation-theoretical perspectives: theoretical perspectives; wealth accumulation and income distribution; capital accumulation and long-term economic dynamics; the life-cycle hypothesis in models of income distribution and wealth accumulation. Part 2 An essay on the micro-foundations of the macro-economic model of distribution and accumulation: income distribution, capital accumulation and inter-generational transfers in a discrete time-model; the accumulation of capital in a two-class life-cycle model in continuous time; the dynamic of capital accumulation in a stochastic world; main conclusions and perspectives for further enquiry.
Responsibility: Mauro Baranzini.
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