THE DYNAMICS OF WEALTH INEQUALITY IN A SIMPLE RAMSEY MODEL: A NOTE ON THE ROLE OF PRODUCTION FLEXIBILITY

DOI10.1017/S1365100508070508zbMath1167.91392OpenAlexW2039578191MaRDI QIDQ3395276

Cecilia García-Peñalosa, Stephen J. Turnovsky

Publication date: 24 August 2009

Published in: Macroeconomic Dynamics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1017/s1365100508070508

zbMATH Keywords

GrowthTransitional DynamicsWealth Distribution

Mathematics Subject Classification ID

Economic growth models (91B62) Models of societies, social and urban evolution (91D10)

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Cites Work

• Distributional dynamics in a neoclassical growth model: the role of elastic labor supply
• Income and wealth distribution in a simple model of growth
• Intertemporal and intratemporal substitution, and the speed of convergence in the neoclassical growth model.
• Transitional dynamics and the distribution of assets
• Income Distribution in Macroeconomic Models
• Quantifying the relationship between wealth distribution and aggregate growth in the Ramsey model

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