The Relation Between Final Demand and Income Distribution
Author: C. Grootaert
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 121
ISBN-13: 3642515630
DOWNLOAD EBOOKRead and Download eBook Full
Author: C. Grootaert
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 121
ISBN-13: 3642515630
DOWNLOAD EBOOKAuthor: Christiaan Grootaert
Publisher:
Published: 1969
Total Pages: 105
ISBN-13: 9780387123073
DOWNLOAD EBOOKAuthor: Wayne R. Thirsk
Publisher:
Published: 1977
Total Pages: 54
ISBN-13:
DOWNLOAD EBOOKAuthor: David Pothier
Publisher: International Monetary Fund
Published: 2014-12-15
Total Pages: 50
ISBN-13: 1498300987
DOWNLOAD EBOOKThis paper highlights how changes in the composition of demand affect income dispersion in the short run. We first document how the share of aggregate spending dedicated to labour-intensive goods and services shrinks (expands) during downturns (booms), and argue that this contributes to the observed pro-cyclicality of employment and output in labour-intensive industries. Using a two-sector general equilibrium model, we then assess how this demand composition channel influences the cyclical properties of the income distribution. Consistent with empirical evidence, we find income inequality to be countercyclical due to changes in the level of employment and (to a lesser extent) relative factor prices. The model also shows that wealth redistribution policies can potentially involve a trade-off between equality and output, depending on how they affect the composition of aggregate demand.
Author: Ferri, Piero
Publisher: Edward Elgar Publishing
Published: 2022-03-15
Total Pages: 264
ISBN-13: 1802206019
DOWNLOAD EBOOKPiero Ferri expertly broadens the analysis of the canonical growth cycle approach by presenting a Minsky–Harrod model, examining how the relationship between income distribution, growth and unemployment becomes increasingly complex. Exploring this new technique to generate a process of growth, based not only on history but disequilibrium, he investigates the current income distribution debate further and the challenges it faces.
Author: Athanasios Asimakopulos
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 258
ISBN-13: 9400926618
DOWNLOAD EBOOKThis book brings together the work of scholars who have written for it independent essays in their areas of particular expertise in the general field of income distribution. The first eight chapters provide a review of the major theories of income distribution, while the final two are con cerned with problems of empirical estimates and inferences. One of these chapters presents estimates of factor shares in national income in the United States, the United Kingdom and Canada, while the other ex amines how relationships between the size distribution of income and economic development are being investigated. A convenient way of conveying an understanding of how economic theorists have dealt with the distribution of income is to examine separ ately each major approach to this subject. Each contributor was thus assigned a particular approach, or a major theorist. No attempt was made to avoid the apparent duplication that occurs when the same references are examined by different contributors. The reader gains by seeing how the same material can be treated by those looking at it from different perspectives. A chapter each has been devoted to Marx and Marshall.
Author: Marc Jarsulic
Publisher: Routledge
Published: 2019-03-06
Total Pages: 188
ISBN-13: 0429698526
DOWNLOAD EBOOKConsidering ideas from various economic paradigms, namely post-Keynesian, neo-Ricardian, and neo-Marxian, this book discusses the importance of money to Keynes's analysis of effective demand and income distribution. It also considers the connections between relative prices and income distribution.
Author:
Publisher:
Published: 1977
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKWorking paper on the relationship between consumer expenditure and income distribution in Colombia - shows with the help of an input output model that fiscal income redistribution in favour of low income groups would be reinforced if the latter purchased goods and services exclusively from labour intensive small scale industry. References and statistical tables.
Author: R. M. Sundrum
Publisher: Psychology Press
Published: 1992
Total Pages: 344
ISBN-13: 0415079713
DOWNLOAD EBOOKBridges the gap between the statistical and the theoretical literature on income distribution in an attempt to make clearer what the underlying trends are and to make recommendations of the sort of policies which can provide growth with equity.
Author: Martin Bronfenbrenner
Publisher: Routledge
Published: 2017-09-05
Total Pages: 538
ISBN-13: 135151282X
DOWNLOAD EBOOKThis is a well-grounded restatement, defense, and development of the theory of income distribution in both its micro- and macroeconomic aspects. The author, an authority in the field who has spent many years developing the ideas in this book, balances neoclassical theories with Keynesian and ""radical"" approaches. He considers income distribution theory in terms of ideology, statistics, micro- and macroeconomics, income policies, and the poverty problem. The result is a distinctive and comprehensive treatment of a subject that has polarized many economists over many decades. Bronfenbrenner reacts against conventional theories that concentrate on output markets, virtually ignoring input prices. He also opposes the brand of institutionalism that regards ""democratic business unionism"" as an American institution that can do no wrong. Overall, Bronfenbrenner presents an eclectic defense of a ""traditional"" theory of economics that has been under attack from rival viewpoints with insufficient rebuttal, and that proves to be a powerful tool of analysis in dealing with this subject. The book is organized into three main parts: an ideological and statistical personal introduction to income distribution, microeconomic distribution theory, and macroeconomic distribution theory. A final chapter considers incomes policies, with a rather skeptical view of the prospects for political control of income distribution within a basically free economy. The manuscript has been widely used and class tested over the past thirty-five years. The book will be useful to professional economists. It may be used as a basic text in courses on income distribution and as a supplementary text in microeconomic theory.