Economics at your fingertips  

Egalitarian Policies, Effective Demand, and Globalization: Considering Budget Constraint

Taro Abe ()

Discussion papers from Graduate School of Economics , Kyoto University

Abstract: This paper examines the effectiveness of redistribution policies under budget constraint considering government spending for the productivity improvement as Bowles (2012) and effective demand based on Abe (2015). It shows that an asset-based redistribution policy is not always effective under effective demand and budget constraint. However, the increase of effective demand because of income distribution improves employment, labor productivity, and wage rates because of increased government spending for productivity improvement as the results of saving rate from profit income show.

Keywords: Egalitarianism; Redistribution; Effective Demand; Globalization (search for similar items in EconPapers)
JEL-codes: E12 F60 J80 J88 (search for similar items in EconPapers)
Pages: 19
Date: 2016-02
New Economics Papers: this item is included in nep-ger and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in Discussion papers from Graduate School of Economics , Kyoto University Contact information at EDIRC.
Bibliographic data for series maintained by Graduate School of Economics Project Center ().

Page updated 2022-04-29
Handle: RePEc:kue:epaper:e-15-014