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This paper and appendices report an ongoing study of the interrelationships between technology, income distribution and other socio-economic issues in a long term global context. The present paper therefore describes the work in progress on a project to be completed by July 1980. The aim here is...
Persistent link: https://www.econbiz.de/10005619327
We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure public goods. Itaya, de Meza, and Myles (1997) show that the maximization of social welfare precludes income equality in a single pure public good model. In contrast, we show that...
Persistent link: https://www.econbiz.de/10011584914
This paper illustrates how Crossing Generalised Lorenz (GL) curves can be used to identify the best income distribution on social welfare grounds within a set of alternative income distributions generated by different policy options. It starts by illustrating two alternative income distributions...
Persistent link: https://www.econbiz.de/10008924809
for EE, but negative for the FSU. Economic liberalization, privatization and deindustrialization are found to have …
Persistent link: https://www.econbiz.de/10010315451
The aim of this paper is to study the mechanisms through which aggregate demand and income distribution affect the rate of growth, in a post-keynesian framework rooted in the works of Michal Kalecki. Thus, this paper addresses some issues that are put aside by neoclassical theory, which focuses...
Persistent link: https://www.econbiz.de/10011259165
This article investigates the relationships among economic growth, income distribution and poverty in Brazil during the period from 2001 to 2005. Those relationships are analyzed starting from the selection of three models: one that relates the variations in the poverty indicators and the main...
Persistent link: https://www.econbiz.de/10005835994
The aim of this paper is to investigate the dichotomy between economic growth and income distribution in Brazilian economy. Through input output model shocks in exogenous demand of each industry were simulated to determine which one contributes to economic growth and diminishment of Gini income...
Persistent link: https://www.econbiz.de/10011108587
liberalization. Comparing trade and education policy, we find that targeted education subsidies are more effective than tariffs as a …
Persistent link: https://www.econbiz.de/10010291881
This paper analyses optimal income taxes over the business cycle under a balanced-budget restriction, for low, middle and high income households. A model incorporating capital-skill complementarity in production and differential access to capital and labour markets is de-veloped to capture the...
Persistent link: https://www.econbiz.de/10010328864
We analyze the impact of expansion of higher education on student outcomes in the context of competition among colleges which differentiate themselves horizontally by setting curricular standards. When public or economic pressures compel less selective colleges to lower their curricular demands,...
Persistent link: https://www.econbiz.de/10011555564