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Title:
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Capital accumulation and income inequality
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Author:
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Barrubés, Núria
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Other authors:
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Universitat Rovira i Virgili. Departament d'Economia; Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública |
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Abstract:
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In this paper, I study an alternative mechanism to the one proposed by Sato et al. (2008).
Like Sato et al.’ (2008), I propose a theoretical model where the individuals’ innate
potential and the technological level determine the type of technology that can be
accessed by each agent. Furthermore, the model generates a new prediction both at the
individual and at the aggregate level. Depending on the individuals’ characteristics and
the economic environment, the agents accumulate different capital levels. This
distribution among the agents ends up determining their economic outcomes in terms of
income and life quality, with respect to leisure and the different socioeconomic orders.
Keywords income inequality · capital accumulation · technological level · technological
change · socioeconomic orders
JEL Classification D31, D33, O11, O12, O33 |
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Publication date:
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2015 |
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Subject (UDC):
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33 - Economia |
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Subject(s):
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Distribució de la renda
Desenvolupament econòmic |
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Rights:
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L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by-nc-nd/3.0/es/ |
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Pages:
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17 p. |
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Document type:
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Working Paper |
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Published by:
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Universitat Rovira i Virgili. Departament d'Economia
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Collection:
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Documents de treball del Departament d'Economia;2015-34
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