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A Theory of Wealth Distribution and Accumulation - Mauro Baranzini

A Theory of Wealth Distribution and Accumulation

(Autor)

Buch | Hardcover
298 Seiten
1991
Clarendon Press (Verlag)
978-0-19-823313-8 (ISBN)
CHF 259,95 inkl. MwSt
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 life-cycle savings in families or dynasties, both in a deterministic and stochastic context.
This volume provides the micro-foundations of a macroeconomic theory of income distribution and of the accumulation and distribution of wealth.

Baranzini surveys current literature on the subject, before going on to make his own contribution by presenting a new model. He examines the laws which regulate the accumulation of inter-generational wealth and life-cycle savings of families or dynasties, both in a deterministic and stochastic context. The mechanisms which may lead to the generation and coexistence of different socio-economic classes are also studied.

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.

Erscheint lt. Verlag 10.1.1991
Zusatzinfo line drawings, tables
Verlagsort Oxford
Sprache englisch
Maße 163 x 242 mm
Gewicht 638 g
Themenwelt Sozialwissenschaften Soziologie
Wirtschaft Allgemeines / Lexika
Wirtschaft Volkswirtschaftslehre Mikroökonomie
Wirtschaft Volkswirtschaftslehre Ökonometrie
ISBN-10 0-19-823313-2 / 0198233132
ISBN-13 978-0-19-823313-8 / 9780198233138
Zustand Neuware
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