Arbeitspapier
Endogenous redistributive cycles: an overlapping generations approach to social conflict and cyclical growth
This paper discusses the emergence of endogenous redistributive cycles in a stochastic growth model with incomplete asset markets and heterogeneous agents, where agents vote on the degree of progressivity in the tax.transfer.scheme. The model draws from Bénabou (1996) and ties the bias in the distribution of political power to the degree of inequality in the society, thereby triggering redistributive cycles which then give rise to a nonlinear, cyclical pattern of savings rates, growth and inequality over time.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper Series in Economics ; No. 5
- Klassifikation
-
Wirtschaft
Personal Income, Wealth, and Their Distributions
Fiscal Policy
One, Two, and Multisector Growth Models
Capitalist Systems: Political Economy
- Thema
-
Einkommensumverteilung
Politischer Konjunkturzyklus
Stochastisches Wachstumsmodell
Chaostheorie
Theorie
Overlapping Generations
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Clemens, Christiane
Heinemann, Maik
- Ereignis
-
Veröffentlichung
- (wer)
-
Universität Lüneburg, Institut für Volkswirtschaftslehre
- (wo)
-
Lüneburg
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Clemens, Christiane
- Heinemann, Maik
- Universität Lüneburg, Institut für Volkswirtschaftslehre
Entstanden
- 2005
Ähnliche Objekte (12)
Cycles and indeterminacy in overlapping generations economies with Stone-Geary preferences
Quasilinear, Overlapping-Generations Economies
Economic growth and business cycles in a two-sector overlapping-generations model
Conspicuous Consumption and Overlapping Generations?
Neoclassical Growth Model with Overlapping Generations
Cooperation in an Overlapping Generations Experiment
Democratic climate policies with overlapping generations
Entrepreneurship and Growth - An Overlapping Generations Approach -
The Stock Market in the Overlapping Generations
Policy Credibility in Numerical Overlapping Generations Models
On overlapping generations models with productive capital
Exhaustible Resources in an Overlapping Generations Economy
Cycles and indeterminacy in overlapping generations economies with Stone-Geary preferences
Quasilinear, Overlapping-Generations Economies
Economic growth and business cycles in a two-sector overlapping-generations model
Conspicuous Consumption and Overlapping Generations?
Neoclassical Growth Model with Overlapping Generations
Cooperation in an Overlapping Generations Experiment
Democratic climate policies with overlapping generations
Entrepreneurship and Growth - An Overlapping Generations Approach -
The Stock Market in the Overlapping Generations
Policy Credibility in Numerical Overlapping Generations Models
On overlapping generations models with productive capital
Exhaustible Resources in an Overlapping Generations Economy
Cycles and indeterminacy in overlapping generations economies with Stone-Geary preferences
Quasilinear, Overlapping-Generations Economies
Economic growth and business cycles in a two-sector overlapping-generations model
Conspicuous Consumption and Overlapping Generations?
Neoclassical Growth Model with Overlapping Generations
Cooperation in an Overlapping Generations Experiment
Democratic climate policies with overlapping generations
Entrepreneurship and Growth - An Overlapping Generations Approach -
The Stock Market in the Overlapping Generations
Policy Credibility in Numerical Overlapping Generations Models
On overlapping generations models with productive capital