{"product_id":"income-distribution-in-macroeconomic-models-0691121710","title":"Income Distribution in Macroeconomic Models","description":"\u003cp\u003e\u003cstrong\u003eISBN:\u003c\/strong\u003e 0691121710\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eAuthor:\u003c\/strong\u003e Bertola, Giuseppe\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eCondition:\u003c\/strong\u003e New\u003c\/p\u003e\u003cp\u003eThis book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa. Is a more equal distribution of income beneficial or harmful for macroeconomic growth, and how does the distribution of wealth evolve in a market economy? Taking stock of results and methods developed in the context of the 1990s revival of growth theory, the authors focus on capital accumulation and long-run growth. They show how rigorous, optimization-based technical tools can be applied, beyond the representative-agent framework of analysis, to account for realistic market imperfections and for political-economic interactions.The treatment is thorough, yet accessible to students and nonspecialist economists, and it offers specialist readers a wide-ranging and innovative treatment of an increasingly important research field. The book follows a single analytical thread through a series of different growth models, allowing readers to appreciate their structure and crucial assumptions. This is particularly useful at a time when the literature on income distribution and growth has developed quickly and in several different directions, becoming difficult to overview.\u003c\/p\u003e","brand":"Mia Karts","offers":[{"title":"Default Title","offer_id":51952480518432,"sku":"NEW0691121710","price":68.36,"currency_code":"USD","in_stock":false}],"url":"https:\/\/miakarts.com\/products\/income-distribution-in-macroeconomic-models-0691121710","provider":"Miakarts Books","version":"1.0","type":"link"}