Distributional effects of public policy choices

Yoseph Getachew

Economics Letters, 2012, vol. 115, issue 1, 56-59

Abstract: This paper examines the effects of a budget-neutral public spending allocation between public investment and private investment subsidy on inequality dynamics and intergenerational mobility in an environment with heterogeneous households and incomplete capital market.

Keywords: Public investment; Investment subsidy; Inequality dynamics; Elasticity of substitution; Incomplete credit market (search for similar items in EconPapers)
JEL-codes: D3 E6 O4 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:115:y:2012:i:1:p:56-59

DOI: 10.1016/j.econlet.2011.11.023

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