Income Distribution, Inflation, and Growth

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Author :
Release : 1991
Genre : Business & Economics
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Book Rating : 450/5 ( reviews)

Income Distribution, Inflation, and Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Income Distribution, Inflation, and Growth write by Lance Taylor. This book was released on 1991. Income Distribution, Inflation, and Growth available in PDF, EPUB and Kindle. Structuralist macroeconomics has emerged recently as the only viable theoretical alternative for economists and practitioners in developing countries. Lance Taylor's innovative work represents a landmark in this field. It codifies a new generation of structuralist macroeconomic models that incorporate the economic power relationships of key institutions and groups, integrates both finance and real macroeconomics, and covers a diverse range of experience in the developing world over the past three decades. In an introduction Taylor explains his methodology, describes assumptions underlying the models used, and reviews theories that relate economic growth and the role of financial assets. He then takes up basic structuralist models of a closed economy and moves on to consider the open economy cases. He incorporates the latest developments in the field (inflation, financial crisis, exchange rate management, increasing returns, and the like) in a treatment that departs substantially from economic orthodoxy. Taylor first addresses the question of how to specify "closure" or define the causal structure of macro models. He also considers how income redistribution influences growth and output and how income redistribution interacts with inflation. Next, an investment-driven non-full employment growth model draws on ideas introduced earlier to illustrate how different sorts of macroeconomic policies affect short-run adjustment and growth prospects over time. Taylor then turns to the problems proposed by economic openness in a stylized semi-industrialized country, starting with international trade. A fix-price/flex-price model is developed, and additional models demonstrate cases of policy relevance as well as interactions between class conflict and growth.

Income Distribution and High-quality Growth

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Author :
Release : 1998
Genre : Business & Economics
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Book Rating : 094/5 ( reviews)

Income Distribution and High-quality Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Income Distribution and High-quality Growth write by Vito Tanzi. This book was released on 1998. Income Distribution and High-quality Growth available in PDF, EPUB and Kindle. The contributors argue that there need not be a trade-off between growth and equity in the long run. However, attempts by government to influence income distribution through large-scale tax and transfer programs can have a negative impact on growth. The contrast is vivid. While the majority of people in the industrial world and some in the developing world enjoy unprecedented affluence, a far greater number of people in the low-income countries live in abject poverty. Although several developing countries are achieving rapid economic growth and poverty reduction, most formerly centrally planned countries are struggling to implement market-oriented reforms in the midst of economic deterioration and rising poverty. The paramount importance of reducing poverty worldwide is forcing economists and policymakers to look at how income distribution and economic growth interact. The essays in this volume grew out of a 1995 conference sponsored by the International Monetary Fund. The contributors are scholars and policymakers from academic institutions, governments, and international organizations. The questions discussed include: How does income distribution interact with economic growth in the short run and the long run? To what extent can government use transfer programs to increase the incomes of the poor? How can government use social programs to help the poor increase their income-earning capacity? Does distributional inequality create an obstacle to long-term poverty reduction? Alternatively, is distributional inequality a necessary means of achieving economic growth? Generally, the contributors agree that there need not be a trade-off between growth and equity in the long run. However, attempts by government to influence income distribution through large-scale tax and transfer programs can have a negative impact on growth.

Income Distribution, Growth and Unemployment

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Release : 2022-03-15
Genre : Business & Economics
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Book Rating : 019/5 ( reviews)

Income Distribution, Growth and Unemployment - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Income Distribution, Growth and Unemployment write by Ferri, Piero. This book was released on 2022-03-15. Income Distribution, Growth and Unemployment available in PDF, EPUB and Kindle. Piero Ferri expertly broadens the analysis of the canonical growth cycle approach by presenting a Minsky–Harrod model, examining how the relationship between income distribution, growth and unemployment becomes increasingly complex. Exploring this new technique to generate a process of growth, based not only on history but disequilibrium, he investigates the current income distribution debate further and the challenges it faces.

Inflation, Income Distribution and Economic Growth

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Release : 2017
Genre : Economic development
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Book Rating : 645/5 ( reviews)

Inflation, Income Distribution and Economic Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Inflation, Income Distribution and Economic Growth write by Diwakar Dwivedi. This book was released on 2017. Inflation, Income Distribution and Economic Growth available in PDF, EPUB and Kindle.

Income Distribution, Inflation and Growth in the Medium Run

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Release : 1979
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Income Distribution, Inflation and Growth in the Medium Run - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Income Distribution, Inflation and Growth in the Medium Run write by Lance Taylor. This book was released on 1979. Income Distribution, Inflation and Growth in the Medium Run available in PDF, EPUB and Kindle.