A Theory of Wealth Distribution and Accumulation

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9780198233138: A Theory of Wealth Distribution and Accumulation

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.

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About the Author:

Mauro Baranzini is a Professor of Economics at University of Verona.

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Baranzini, Mauro
Published by Clarendon Press (1991)
ISBN 10: 0198233132 ISBN 13: 9780198233138
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Mauro Baranzini
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Baranzini, Mauro
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Book Description Oxford Univ Pr on Demand, 1991. Hardcover. Book Condition: Brand New. illustrated edition. 288 pages. 9.30x6.10x0.90 inches. In Stock. Bookseller Inventory # 0198233132

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