Uncertainty in economic growth and inequality
Zhengyuan, Gao ()
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Zhengyuan, Gao: Université catholique de louvain
No 2018016, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)
Abstract:
A step to consilience, starting with a deconstruction of the causality of uncertainty that is embedded in the fundamentals of growth and inequality, following a construction of aggregation laws that disclose the invariance principle across heterogeneous individuals, ending with a reconstruction of metric models that yields deeper structural connections via U.S. GDP and income data.
Keywords: abstract dynamical economy; infinite divisibility; aggregation; deep parameters; alpha and beta growth (search for similar items in EconPapers)
JEL-codes: C01 D01 E10 (search for similar items in EconPapers)
Date: 2018-06-05
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:2018016
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