Macroeconomic effects of personal and functional income inequality : theory and empirical evidence for the US and Germany
This paper presents a simple illustrative post-Kaleckian model of distribution and growth that incorporates personal income inequality and interdependent social norms. The model shows in an easily accessible manner how personal and functional income inequality can potentially have contrary effects o...
Berlin School of Economics and Law, Institute for International Political Economy Berlin
|Series:||Institute for International Political Economy. Working papers
no. 83/2017 |
|Physical Description:||1 Online-Ressource (circa 42 Seiten) Illustrationen|
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