| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7577 |
| DP7577 Heterogeneous firms or heterogeneous workers? Implications for the exporter premium and the impact of labor reallocation on productivity | |
| Karen Helene Ulltveit-Moe; Andreas Moxnes; Alfonso Irarrazabal | |
| 发表日期 | 2009-11-29 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | Within the context of the neoclassical growth model I investigate the implications of (initial) endowment inequality when the rich have a higher marginal savings rate than the poor. More unequal societies grow faster in the transition process, and therefore exhibit a higher speed of convergence. Furthermore, there is divergence in consumption and lifetime wealth if the rich exhibit a higher intertemporal elasticity of substitution. Unlike the Solow-Stiglitz model, the steady state is always unique although the consumption function is concave. |
| 主题 | Public Economics |
| 关键词 | Concave consumption function Growth Income distribution Marginal propensity to consume |
| URL | https://cepr.org/publications/dp7577 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536414 |
| 推荐引用方式 GB/T 7714 | Karen Helene Ulltveit-Moe,Andreas Moxnes,Alfonso Irarrazabal. DP7577 Heterogeneous firms or heterogeneous workers? Implications for the exporter premium and the impact of labor reallocation on productivity. 2009. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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