A THEORY OF WEALTH DISTRIBUTION AND ACCUMULATION by Mauro L. Baranzini ( 9780198233138 )

Item Details

Title:

A THEORY OF WEALTH DISTRIBUTION AND ACCUMULATION

By:

Mauro L. Baranzini

Format:

Hardback

List price:

£197.50

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£172.81

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ISBN 10:

0198233132

ISBN 13:

9780198233138

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Publisher:

OXFORD UNIVERSITY PRESS

Pub. date:

10 January, 1991

Pages:

298

Description:

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.

Synopsis:

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.

Illustrations:

line drawings, tables

Publication:

Imprint:

Clarendon Press

Returns:

Returnable

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