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DISTRIBUTION OF INCOME AND WEALTH AMONG INDIVIDUALS.

Authors :
Stiglitz, J. E.
Source :
Econometrica; Jul69, Vol. 37 Issue 3, p382-397, 16p, 1 Graph
Publication Year :
1969

Abstract

Implications for the distribution of wealth and income of alternative assumptions about savings, reproduction, inheritance policies, and labor homogeneity are investigated in the context of a neoclassical growth model. The paper isolates the different economic forces which tend to make the distribution of wealth in the long run equalitarian and those which tend to make wealth unevenly distributed. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00129682
Volume :
37
Issue :
3
Database :
Complementary Index
Journal :
Econometrica
Publication Type :
Academic Journal
Accession number :
6859636
Full Text :
https://doi.org/10.2307/1912788