A Study of the Role of Government in Income and Wealth Distribution by Integrating the Walrasian General Equilibrium and Neoclassical Growth Theories
This paper proposes a growth model of heterogeneous households with economic structure, wealth accumulation, endogenous labour supply, and tax rates. The paper is focused on effects of redistribution policies on income and wealth distribution, economic structure and economic growth. The paper integr...
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| Format: | Article |
| Language: | English |
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Croatian Interdisciplinary Society
2014-01-01
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| Series: | Interdisciplinary Description of Complex Systems |
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| Online Access: | http://indecs.eu/2014/indecs2014-pp28-45.pdf |