Krawczyk, Jacek BTownsend, Wilbur2015-02-232022-07-072015-02-232022-07-0720152015https://ir.wgtn.ac.nz/handle/123456789/19250We 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.pdfen-NZMacroeconomic dynamicsInequality dynamicsSocial inequalityBasic understanding of social inequality dynamicsTextwww.victoria.ac.nz/sef/research/sef.working.papers