The New Economics of Income Distribution

Friedrich L. Sell

in Books from Edward Elgar Publishing

Abstract: With the increased interest in the role of inequality in modern economies, this timely and original book explores income distribution as an equilibrium phenomenon. Though globalization tends to destroy earlier equilibria within industrialized and developing countries, new equilibria are bound to emerge. The book aims at a better understanding of the forces that create these new equilibria in income distribution and examines the concept at three distinct levels: market equilibrium, bargaining equilibrium and political economy equilibrium. In particular, the author addresses the question of how the main factor markets of labour and capital are related to income distribution.

Keywords: Economics and Finance (search for similar items in EconPapers)
JEL-codes: D6 I3 (search for similar items in EconPapers)
Date: 2015
ISBN: 9781783472369
References: View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Chapters in this book:

Ch 1 Introduction , pp 1-24

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Ch 2 Various concepts of equilibrium in economics , pp 25-37

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Ch 3 Income distribution and the labour market , pp 38-69

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Ch 4 Income distribution and the capital market , pp 70-95

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Ch 5 Income distribution and the business cycle , pp 96-122

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Ch 6 Income distribution and economic growth , pp 123-153

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Ch 7 Factor mobility and income distribution , pp 154-180

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Ch 8 International trade and income distribution , pp 181-218

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Ch 9 Final remarks , pp 219-241

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Persistent link: https://EconPapers.repec.org/RePEc:elg:eebook:15663

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