A Theory of Wealth Distribution and Accumulation
Book Details
Format
Hardback or Cased Book
ISBN-10
0198233132
ISBN-13
9780198233138
Publisher
Oxford University Press
Imprint
Clarendon Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jan 10th, 1991
Print length
298 Pages
Weight
638 grams
Dimensions
24.20 x 16.30 x 2.20 cms
Product Classification:
Social groupsEconomic theory & philosophyMicroeconomicsEconomic statistics
Ksh 41,650.00
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Provides a general framework for a macroeconomic theory of income and wealth distribution. The book examines in particular the laws which regulate the accumulation of inter-generational wealth and life-cycle savings in families or dynasties, both in a deterministic and stochastic context.
This volume provides the micro-foundations of a macroeconomic theory of income distribution and of the accumulation and distribution of wealth. Baranzini surveys current literature on the subject, before going on to make his own contribution by presenting a new model. He examines the laws which regulate the accumulation of inter-generational wealth and life-cycle savings of families or dynasties, both in a deterministic and stochastic context. The mechanisms which may lead to the generation and coexistence of different socio-economic classes are also studied.
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