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This paper discusses a two–sector neoclassical overlapping generations economy with intermediate and final goods in the spirit of Romer (1990). The risk averse agents engage in one of two alternative occupations: either firm-ownership in the intermediate goods sector, characterized by...
Persistent link: https://www.econbiz.de/10010262928
Persistent link: https://www.econbiz.de/10010265109
This paper investigates the redistributive effects of taxation on occupational choice and growth. We discuss a twoñsector economy in the spirit of Romer (1990). Agents engage in one of two alternative occupations: either selfñemployment in an intermediate goods sector characterized by...
Persistent link: https://www.econbiz.de/10005545311
This paper discusses a two-sector neoclassical overlapping generations economy with intermediate and final goods in the spirit of Romer (1990). The risk averse agents engage in one of two alternative occu pations: either firrm-ownership in the intermediate goods sector, char acterized by...
Persistent link: https://www.econbiz.de/10005464692
Persistent link: https://www.econbiz.de/10005715562
Persistent link: https://www.econbiz.de/10005345640
This paper investigates the redistributive effects of taxation on occupational choice and growth. We discuss a two-sector economy in the spirit of Romer (1990). Agents engage in one of two alternative occupations: either self-employment in an intermediate goods sector characterized by...
Persistent link: https://www.econbiz.de/10005170562