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Basic understanding of social inequality dynamics

dc.contributor.authorKrawczyk, Jacek B
dc.contributor.authorTownsend, Wilbur
dc.date.accessioned2015-02-23T00:20:50Z
dc.date.accessioned2022-07-07T02:22:01Z
dc.date.available2015-02-23T00:20:50Z
dc.date.available2022-07-07T02:22:01Z
dc.date.copyright2015
dc.date.issued2015
dc.description.abstractWe 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.formatpdfen_NZ
dc.identifier.urihttps://ir.wgtn.ac.nz/handle/123456789/19250
dc.language.isoen_NZ
dc.publisherTe Herenga Waka—Victoria University of Wellingtonen_NZ
dc.relation.ispartofseriesSEF Working paper ; 01/2015en_NZ
dc.rights.rightsholderwww.victoria.ac.nz/sef/research/sef.working.papersen_NZ
dc.subjectMacroeconomic dynamicsen_NZ
dc.subjectInequality dynamicsen_NZ
dc.subjectSocial inequalityen_NZ
dc.titleBasic understanding of social inequality dynamicsen_NZ
dc.typeTexten_NZ
vuwschema.contributor.unitSchool of Economics and Financeen_NZ
vuwschema.subject.anzsrcfor140211 Labour Economicsen_NZ
vuwschema.subject.anzsrcforV2380111 Labour economicsen_NZ
vuwschema.type.vuwWorking or Occasional Paperen_NZ

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