Income Distribution Dynamics Of Economic Systems
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Income Distribution Dynamics Of Economic Systems
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Author : Marcelo Byrro Ribeiro
language : en
Publisher: Cambridge University Press
Release Date : 2020-03-26
Income Distribution Dynamics Of Economic Systems written by Marcelo Byrro Ribeiro and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-26 with Business & Economics categories.
An overview of the distributive dynamics of economic systems in a broad theoretical and empirical sense from the econophysical viewpoint.
Income Distribution Dynamics Of Economic Systems
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Author : Marcelo Byrro Ribeiro
language : en
Publisher:
Release Date : 2020
Income Distribution Dynamics Of Economic Systems written by Marcelo Byrro Ribeiro and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with Econophysics categories.
"The book deals with the empirical characterization and dynamics of income distribution and its related quantities from the epistemological and practical perspectives of contemporary physics. Part I discusses the methodological basis of econophysics, several distribution functions used to model the income data and presents empirical evidence supporting those distribution functions. Thomas Piketty's book on inequality is also partially reviewed. Part II discusses income and wealth distributions from the viewpoint of statistical physics, presenting a series of models of the income distribution characterization and dynamics. Part III deals with income distribution under the viewpoint that economic systems have circular flows. This dynamic approach is able to connect income classes to macroeconomic trade cycle theories. Issues like uncertainty, confidence, investment and stability are discussed and the Goodwin macroeconomic dynamics of growth with cycles is discussed in detail. Several other models based or inspired on this macrodynamics are presented and discussed"--
Income Distribution In Macroeconomic Models
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Author : Giuseppe Bertola
language : en
Publisher: Princeton University Press
Release Date : 2014-09-28
Income Distribution In Macroeconomic Models written by Giuseppe Bertola and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-09-28 with Business & Economics categories.
This book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa. Is a more equal distribution of income beneficial or harmful for macroeconomic growth, and how does the distribution of wealth evolve in a market economy? Taking stock of results and methods developed in the context of the 1990s revival of growth theory, the authors focus on capital accumulation and long-run growth. They show how rigorous, optimization-based technical tools can be applied, beyond the representative-agent framework of analysis, to account for realistic market imperfections and for political-economic interactions. The treatment is thorough, yet accessible to students and nonspecialist economists, and it offers specialist readers a wide-ranging and innovative treatment of an increasingly important research field. The book follows a single analytical thread through a series of different growth models, allowing readers to appreciate their structure and crucial assumptions. This is particularly useful at a time when the literature on income distribution and growth has developed quickly and in several different directions, becoming difficult to overview.
The Impact Of Macroeconomic Policies On Poverty And Income Distribution
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Author : Luiz A. Pereira da Silva
language : en
Publisher: World Bank Publications
Release Date : 2008-06-19
The Impact Of Macroeconomic Policies On Poverty And Income Distribution written by Luiz A. Pereira da Silva and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-06-19 with Political Science categories.
A companion to the bestseller, The Impact of Economic Policies on Poverty and Income Distribution, this title deals with theoretical challenges and cutting-edge macro-micro linkage models. The authors compare the predictive and analytical power of various macro-micro linkage techniques using the traditional RHG approach as a benchmark to evaluate standard policies, such as a typical stabilization package and a typical structural reform policy.
Socialist Economic Systems
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Author : Steven Rosefielde
language : en
Publisher: Taylor & Francis
Release Date : 2023-06-29
Socialist Economic Systems written by Steven Rosefielde and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-06-29 with Business & Economics categories.
Bernie Sanders’ socialist advocacy in the United States, communist China’s economic successes and a Marxist revival are inspiring many to muse about improved strategies for building superior socialist futures. Socialist Economic Systems provides an objective record of socialism’s promises and performance during 1820–2022, identifies a feasible path forward and provides a rigorous analytic framework for the comparison of economic systems. The book opens by surveying pre-industrial utopias from Plato to Thomas More, and libertarian communal designs for superior living. It plumbs all aspects of the revolutionary and democratic socialist political movements that emerged after 1870 and considers the comparative economic, political and social performance of the USSR and others from the Bolshevik Revolution onwards. The book also provides case studies for all revolutionary Marxist–Leninist regimes, and supplementary discussions of Mondragon cooperatives, Israeli kibbutzim, Nordic corporatism and European democratic socialism. It investigates the theoretical and practical complexities of command-planning, reform communism, market communism, worker economic management and egalitarianism. It examines communism as an engine of economic growth, and a mechanism for improving people’s quality of existence, including living standards, labor self-governance, egalitarianism, social justice, and prevention of crimes against humanity before addressing the perennial question of what needs to be done next. A suggested path forward is elaborated drawing lessons from the warts-and-all historical performance of socialist economies during 1917–2022 and failed socialist prophesy. The evidence indicates that the key to 21st-century socialism success lies in empowering workers of all descriptions to govern democratically for their mutual protection and welfare without the extraneous imposition of priorities imposed by other movements. The book is essential reading for anyone interested in socialism, political economy, comparative economic systems, and political and social history.
Economic Inequality And Income Distribution
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Author : D. G. Champernowne
language : en
Publisher: Cambridge University Press
Release Date : 1998
Economic Inequality And Income Distribution written by D. G. Champernowne and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Business & Economics categories.
Economic inequality has become a focus of prime interest for economic analysts and policy makers. This book provides an integrated approach to the topics of inequality and personal income distribution. It covers the practical and theoretical bases for inequality analysis, applications to real world problems and the foundations of theoretical approaches to income distribution. It also analyses models of the distribution of labour earnings and of income from wealth. The long-run development of income - and wealth - distribution over many generations is also examined. Special attention is given to an assessment of the merits and weaknesses of standard economic models, to illustrating the implications of distributional mechanisms using real data and illustrative examples, and to providing graphical interpretation of formal arguments. Examples are drawn from US, UK and international sources.
Select Topics Of Econophysics
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Author : Amit Sinha
language : en
Publisher: Walter de Gruyter GmbH & Co KG
Release Date : 2024-11-04
Select Topics Of Econophysics written by Amit Sinha and has been published by Walter de Gruyter GmbH & Co KG this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-11-04 with Business & Economics categories.
Economics requires understanding and analyzing forces that bring buyers and sellers to a market place who then negotiate exchanges of goods and services based on a mutually agreeable price. Economists have their own method of modeling whereby models are first conceived of some notion of economic and financial thinking, before being empirically tested, and anomalies are then recognized if the observed data is inconsistent with the hypothetical underpinning. This is in inherent contradiction with the modeling approaches of physicists who develop their theories, principle and laws after observing empirical data. The awareness that physics can enlighten the understanding of human behavior (and thus economics), and the interest of physicists in applying their training and models to understanding the complexities of finance and economics, led to the creation of a new field of study appropriately termed as Econophysics. Selected Topics on Econophysics is a collection of essays on topics that enhance and enrich our understanding of economic modeling when the same rigor of modelling used by physicists is brought to developing financial and economic theories. These articles include discussions on modeling bitcoins, stock index modeling using geometric Brownian motion, agent-based modeling, wealth distribution modeling, as well as modeling related to fractal regression, and chaotic processes. This interdisciplinary book will interest researchers, graduate students and professionals in the fields of economics, finance as well as physics.
Inequality Of Opportunity Inequality Of Income And Economic Growth
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Author : Mr.Shekhar Aiyar
language : en
Publisher: International Monetary Fund
Release Date : 2019-02-15
Inequality Of Opportunity Inequality Of Income And Economic Growth written by Mr.Shekhar Aiyar and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-02-15 with Business & Economics categories.
We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with intergenerational mobility. In economies characterized by intergenerational rigidities, an increase in income inequality has persistent effects—for example by hindering human capital accumulation— thereby retarding future growth disproportionately. We use several recently developed internationally comparable measures of intergenerational mobility to confirm that the negative impact of income inequality on growth is higher the lower is intergenerational mobility. Our results suggest that omitting intergenerational mobility leads to misspecification, shedding light on why the empirical literature on income inequality and growth has been so inconclusive.
Structural Economic Dynamics
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Author : Luigi Pasinetti
language : en
Publisher: Cambridge University Press
Release Date : 2006-11-02
Structural Economic Dynamics written by Luigi Pasinetti and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-11-02 with Business & Economics categories.
This book is a theoretical investigation of the influence of human learning on the development through time of a 'pure labour' economy. The theory proposed is a simple one, but aims to grasp the essential features of all industrial economies. Economists have long known that two basic phenomena lie at the root of long-term economic movements in industrial societies: capital accumulation and technical progress. Attention has been concentrated on the former. In this book, by contrast, technical progress is assigned the central role. Within a multi-sector framework, the author examines the structural dynamics of prices, production and employment (implied by differentiated rates of productivity growth and expansion of demand) against a background of 'natural' relations. He also considers a number of institutional problems. Institutional and social learning, know-how, and the diffusion of knowledge emerge as the decisive factors accounting for the success and failure of industrial societies.
Towards Sustainable Development
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Author : Khalid Saeed
language : en
Publisher: Routledge
Release Date : 2019-01-22
Towards Sustainable Development written by Khalid Saeed and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-22 with Political Science categories.
First published in 1998, this second edition includes the 10 published essays and 3 working papers collected in the first edition, as well as additional writings on sustainable development penned by Saeed and his students over the subsequent six years. Two of the original working papers were revised and published between editions and their published versions now appear. Lastly, the conclusion has been reformulated and the introduction contains insights from extended research. Part I comprises the first 7 chapters and deals with modelling generic issues concerning sustainable development. Part II comprises chapters 8 to 10 and extends the concepts from part I to the controversies on poverty and hunger, technological development, and entrepreneurship. Part III relates six case studies covering a variety of local issues in selected developing countries, including agricultural development policy in Pakistan, the impact of the rural credit system on Thailand’s agricultural economy, the problem of food self-sufficiency in Vietnam and water resources management in Saudi Arabia.