A Theory of Wealth Distribution and Accumulation
Seiten
1991
Clarendon Press (Verlag)
978-0-19-823313-8 (ISBN)
Clarendon Press (Verlag)
978-0-19-823313-8 (ISBN)
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.
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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