How Do the Richest 1% Owns 50% of Wealth in a Small-Open Growth Model with Endogenous Wealth and Human Capital.
This paper extends the growth model for a closed national economy by Zhang (2015) to a small-open economy. We attempt to explain some economic mechanisms of how the richest one per cent of the population own 50% of national wealth. We consider endogenous wealth and human capital accumulation by hete...
| Publicado en: | Academicus no. 15; pp. 94 - 116 |
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| Formato: | Artículo |
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Academicus
2017
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| Acceso en línea: | Ver este registro en EBSCOhost |