Basic understanding of social inequality dynamics

dc.contributor.author	Krawczyk, Jacek B
dc.contributor.author	Townsend, Wilbur
dc.date.accessioned	2015-02-23T00:20:50Z
dc.date.accessioned	2022-07-07T02:22:01Z
dc.date.available	2015-02-23T00:20:50Z
dc.date.available	2022-07-07T02:22:01Z
dc.date.copyright	2015
dc.date.issued	2015
dc.identifier.uri	https://ir.wgtn.ac.nz/handle/123456789/19250
dc.description.abstract	We provide an introduction to a model of social inequality dynamics. Because capital is distributed less equally than labour, we propose that that one of the main forces driving income inequality is the ratio of factor shares. In this paper we give an easy proof to show that this ratio is driven by the output elasticity of capital.	en_NZ
dc.format	pdf	en_NZ
dc.language.iso	en_NZ
dc.publisher	Te Herenga Waka—Victoria University of Wellington	en_NZ
dc.relation.ispartofseries	SEF Working paper ; 01/2015	en_NZ
dc.subject	Macroeconomic dynamics	en_NZ
dc.subject	Inequality dynamics	en_NZ
dc.subject	Social inequality	en_NZ
dc.title	Basic understanding of social inequality dynamics	en_NZ
dc.type	Text	en_NZ
vuwschema.contributor.unit	School of Economics and Finance	en_NZ
vuwschema.subject.anzsrcfor	140211 Labour Economics	en_NZ
vuwschema.type.vuw	Working or Occasional Paper	en_NZ
vuwschema.subject.anzsrcforV2	380111 Labour economics	en_NZ
dc.rights.rightsholder	www.victoria.ac.nz/sef/research/sef.working.papers	en_NZ