О влиянии неравенства в распределинии доходов на темпы экономического роста

Борисов Кирилл Юрьевич and Подкорытова Ольга Анатольевна
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Борисов Кирилл Юрьевич: СПбГУ
Подкорытова Ольга Анатольевна: СПбГУ

Vestnik of the St. Petersburg University. Series 5. Economics Вестник Санкт-Петербургского университета. Серия 5. Экономика, 2006, issue 1, 155-168

Abstract: A model of economic growth where subjective discount rates of consumers and the production function are formed endogenously is proposed. It is shown that the set of balanced growth equilibria is a continuum which can be parameterized by an index of inequality. Under some assumptions, the dependence of the balanced growth rate on this index has an inverted U-shaped form. Some empirical evidence supporting this form of dependence are provided.

Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:scn:003571:14808009

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