Fitoussi, Jean-Paul; Stiglitz, Joseph - Centre de recherche en Économie (OFCE), Sciences … - 2009
redistribution by itself would have had the macroeconomic effect of depressing
aggregate demand.
In the US the compression of low …
increasing public and private indebtedness.
Most European countries tread a different path. The redistribution to higher … system, aimed at redistribution and
human capital formation. This would imply in particular:
a. the generalization of …