Distributional effects of public policy choices

Yoseph Getachew

No 2012_04, Department of Economics Working Papers from Durham University, Department of Economics

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 heterogenous 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: 2012-02-26
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Citations: View citations in EconPapers (4)

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Journal Article: Distributional effects of public policy choices (2012)
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