Pareto Superiority of Unegalitarian Equilibria in Stiglitz' Model of Wealth Distribution with Convex Saving Function

DOI10.2307/1911412zbMath0464.90009OpenAlexW1994514652MaRDI QIDQ3916334

Publication date: 1981

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1911412

zbMATH Keywords

Pareto optimality existence of equilibria neo-classical growth model asymptotic wealth distribution convex saving function locally stable two-class unegalitarian equilibria

Mathematics Subject Classification ID

Economic growth models (91B62)

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