A Simple Model of Inequality, Occupational Choice, and Development

We analyze a simple and tractable model of occupational choice in the presence of credit market imperfections. We examine the effect of parameters governing technology and transaction costs, and history, in terms of the initial wealth distribution, in determining the long-term wealth distribution and the level of per capita income of an economy

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Year of publication:	2003
Authors:	Ghatak, Maitreesh ; Jiang, Neville
Publisher:	[S.l.] : SSRN
Subject:	Berufswahl \| Occupational choice \| Theorie \| Theory \| Einkommensverteilung \| Income distribution \| Entwicklung \| Economic development \| Vermögensverteilung \| Wealth distribution \| Unvollkommener Markt \| Incomplete market \| Kreditmarkt \| Credit market
Description of contents:	Abstract [papers.ssrn.com]

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Journal of Development Economics, Vol. 69, No. 1, pp. 205-226, October 2002 Volltext nicht verfügbar
Classification:	D31 - Personal Income, Wealth and Their Distributions ; D82 - Asymmetric and Private Information ; O10 - Economic Development. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014094280