This paper analyzes the interplay of growth, (re-)distribution and policies when the latter are set exogenously or when … the latter depend on economically important fundamentals. A redistribution policy generally causes lower growth, but less … growth. The paper shows that the long-run cross-country relationship between growth and endogenous policy is generally not …

This paper analyzes the interplay of growth, distribution and public policy when the latter depend on economically … growth. The paper argues that the long-run relationship between growth, post-tax factor incomes and public policies is more …

utilization. First, it explains why utilization is a crucial variable for the various theories of growth and distribution …This paper discusses some issues related to the triangle between capital accumulation, distribution, and capacity … determined distribution (along classical lines). Second, it responds to some recent criticism by Girardi and Pariboni (2019). I …

This paper is concerned with the relevance of the macroeconomic theory of income distribution to the ?new? growth … theory. Specifically, it shows that the Cambridge equation, originally outlined in the context of the Harrod-Domar growth …-endogenous growth theory. …

utilization. First, it explains why utilization is a crucial variable for the various theories of growth and distribution …This paper discusses some issues related to the triangle between capital accumulation, distribution, and capacity … determined distribution (along classical lines). Second, it responds to some recent criticism by Girardi and Pariboni (2019). I …

utilization. First, it explains why utilization is a crucial variable for the various theories of growth and distribution …This paper discusses some issues related to the triangle between capital accumulation, distribution, and capacity … determined distribution (along classical lines). Second, it responds to some recent criticism by Girardi and Pariboni (2019). I …

division of land led to a more equal distribution of land; other potential drivers of growth are smooth at the boundary and …What are the long-term economic effects of a more equal distribution of wealth? We exploit variation in historical … right-shifted skill, income, and wealth distribution. Higher top incomes and top wealth in equal division areas coincide …