Distributional effects of public policy choices

被引:4
|
作者
Getachew, Yoseph Yilma [1 ]
机构
[1] Univ Durham, Durham Business Sch, Durham DH1 3LB, England
关键词
Public investment; Investment subsidy; Inequality dynamics; Elasticity of substitution; Incomplete credit market; ENDOGENOUS GROWTH; INCOME INEQUALITY; TRADE-OFFS; MODEL; SUBSTITUTION; INVESTMENT; ELASTICITY; EFFICIENCY;
D O I
10.1016/j.econlet.2011.11.023
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper examines the effects of a budget-neutral public spending allocation between public investment and private investment subsidy on inequality dynamics and intergenerational mobility in an environment with heterogeneous households and incomplete capital market. (C) 2011 Elsevier B.V. All rights reserved.
引用
收藏
页码:56 / 59
页数:4
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