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.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 | en_NZ | |
dc.identifier.uri | https://ir.wgtn.ac.nz/handle/123456789/19250 | |
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.rights.rightsholder | www.victoria.ac.nz/sef/research/sef.working.papers | 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.subject.anzsrcforV2 | 380111 Labour economics | en_NZ |
vuwschema.type.vuw | Working or Occasional Paper | en_NZ |