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Cover Art
Author Baranzini, Mauro.

Title A theory of wealth distribution and accumulation / Mauro Baranzini.

Published Oxford : Clarendon Press ; New York : Oxford University Press, 1991.


Location Call No. Status
 UniM Store  339.2015118 BARA MJ17    AVAILABLE
Physical description xxvi, 262 pages : illustrations ; 24 cm
Bibliography Includes bibliographical references (pages [225]-248) and indexes.
Summary This volume provides a general framework for a macroeconomic theory of income distribution and wealth distribution and accumulation. The book is divided into two parts. In the first the author surveys the sets of literature on the subject and relates them to each other. In the second part he makes his own contribution by presenting a new model which uses both neo-classical and post-Keynesian analytical tools. The author focuses on the laws which regulate the behavior of individuals and social groups within a given institutional set-up, and in particular those which regulate the accumulation of inter-generational wealth and life-cycle savings of families or dynasties, both in a deterministic and stochastic context. The theoretical issue of savings accumulation is reconsidered, alongside income distribution, and profit determination by concentrating on the historical reasons that are at the basis of "class distinction," as well as "generation distinction," in modern economic analysis.
Subject Income distribution.
Saving and investment.
Income distribution -- Mathematical models.
Wealth -- Mathematical models.
Saving and investment -- Mathematical models.
ISBN 0198233132