Showing 1 - 10 of 21,702
Persistent link: https://www.econbiz.de/10005056457
This paper studies the infuence of consumption externalities in the Ramsey model. In contrast to the recent literature, a quite general specification of preferences is used and the concept of the effective intertemporal elasticity of substitution is introduced. We give conditions for the...
Persistent link: https://www.econbiz.de/10005764215
Persistent link: https://www.econbiz.de/10005068142
The paper surveys the main theories of income distribution in their relationship with the theories of economic growth … "Keynesian" theory of income distribution in the wake of Harrod's model of growth is then recalled together with the surprising … theory of income distribution lacks logical consistency and has shaky foundations, as has been revealed by the severe …
Persistent link: https://www.econbiz.de/10010660755
The paper surveys the main theories of income distribution in their relationship with the theories of economic growth … "Keynesian" theory of income distributionin the wake of Harrod's model of growth is then recalled together with the surprising … theory of income distributionlacks logical consistency and has shaky foundations, as has been revealed by the severecritiques …
Persistent link: https://www.econbiz.de/10010754196
The paper surveys the main theories of income distribution in their relationship with the theories of economic growth … "Keynesian" theory of income distributionin the wake of Harrod's model of growth is then recalled together with the surprising … theory of income distributionlacks logical consistency and has shaky foundations, as has been revealed by the severecritiques …
Persistent link: https://www.econbiz.de/10010754208
changes, in the sense that the good done to growth by rising remittances is not as great as the bad done by falling …
Persistent link: https://www.econbiz.de/10005076545
size and specialization of firms and the pattern of interfirm trade. Endogenous growth is driven by capital accumulation …
Persistent link: https://www.econbiz.de/10005547940
The paper develops a dynamic, general equilibrium model of specialization-driven growth in which the private cost of … coordinating among specialists is a function of public expenditure on physical and institutional infrastructure. Growth is … growth, the secular rise of government's share of output, in terms of the economic role of the government. …
Persistent link: https://www.econbiz.de/10005547942
of participation in land rental markets and to quantify the impact of renting land on households’ crop income and total … income. We find that land rental markets in Kenya enhance productivity and are equitable. The results are consistent across … participation on households’ crop income and total income. After controlling for the endogeneity of rental market participation and …
Persistent link: https://www.econbiz.de/10009021575