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...

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Bibliographic Details
Main Author: Prante, Franz J. (Author)
Format: eBook
Published: Berlin : Berlin School of Economics and Law, Institute for International Political Economy Berlin February 2017
Series:Institute for International Political Economy. Working papers no. 83/2017
Physical Description:1 Online-Ressource (circa 42 Seiten) Illustrationen
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