Income distribution in macroeconomic models

Income Distribution in Macroeconomic Models

Volumn , Issue , 2014, Pages 1-421

  Bertola, Giuseppe ^a   Foellmi, Reto ^b   Zweimüller, Josef ^b  

^a UNIVERSITY OF TURIN   (Italy)

^b UNIVERSITY OF ZURICH   (Switzerland)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84924543336     PISSN: None     EISSN: None     Source Type: Book    
DOI: None     Document Type: Book

References (373)

1. Abramovitz, Moses, and Paul David (2000) "American Macroeconomic Growth in the Era of Knowledge-Based Progress: The Long-Run Perspective," in Stanley L. Engermann and Robert E. Gallmann (eds.), The Cambridge Economic History of the United States, 1-92, Cambridge: Cambridge University Press.
2. Acemoglu, Daron (1998) "Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality," Quarterly Journal of Economics 113, 1055-89.
3. Acemoglu, Daron (2002) "Directed Technical Change," Review of Economic Studies 69, 781-810.
4. Acemoglu, Daron (2003) "Labor- and Capital-Augmenting Technical Change," Journal of European Economic Association 1, 1-40.
5. Acemoglu, Daron, and Joshua Linn (2004) "Market Size in Innovation: Theory and Evidence from the Pharmaceutical Industry," Quarterly Journal of Economics 119(3), 1049-90.
6. Acemoglu, Daron, and Robert Shimer (1999) "Efficient Unemployment Insurance," Journal of Political Economy 107, 893-928.
7. Acemoglu, Daron, and Fabrizio Zilibotti (1997) "Was Prometheus Unbound by Chance? Risk, Diversification, and Growth," Journal of Political Economy 105(4), 709-51.
8. Acemoglu, Daron, and Fabrizio Zilibotti (2001) "Productivity Differences," Quarterly Journal of Economics 116, 563-606.
9. Adelman, Irma, and Sherman Robinson (1989) "Income Distribution and Development," in H. Chenery and T. N. Srinivasan (eds.), Handbook of Development Economics, Vol. 2, Amsterdam: North-Holland.
10. Aghion, Philippe (2002) "Schumpeterian Growth Theory and the Dynamics of Income Inequality," Econometrica 70, 855-82.
11. Aghion, Philippe, and Patrick Bolton (1992) "Distribution and Growth in Models of Imperf ect Capital Markets," European Economic Review 36, 603-11.
12. Aghion, Philippe, and Patrick Bolton (1997) "A Theory of T rickle-Down Growth and Development," Review of Economic Studies 64(2), 151-72.
13. Aghion, Philippe, Eve Caroli, and Cecilia Garcia-Penalosa (1999) "Inequality and Economic Growth: The Perspective of the New Growth Theories," Journal of Economic Literature 37, 1615-60.
14. Aghion, Philippe, and Peter Howitt (1992) "A Model of Growth through Creative Destruction," Econometrica 60(2), 323-51.
15. Aghion, Philippe, and Peter Howitt (1998) Endogenous Growth Theory, Cambridge, MA: MIT Press.
16. Ahluwalia, Montek, Nichola G. Carter, and Hollis Chenery (1976) "Growth and Poverty in Developing Countries," Journal of Development Economics 6, 299-341.
17. Aiyagari, S. Rao (1994) "Uninsured Idiosyncratic Risk and Aggregate Savings," Quarterly Journal of Economics 109(3), 659-84.
18. Aiyagari, S. Rao, and Ellen R. McGrattan (1998) "The Optimum Quantity of Debt," Journal of Monetary Economics 42, 447-69.
19. Alesina, Alberto, and Roberto Perotti (1996) "Income Distribution, Political Instability, and Investment," European Economic Review 40(6), 1203-28.
20. Alesina, Alberto, and Dani Rodrik (1994) "Distributive Policies and Economic Growth," Quarterly Journal of Economics 109(2), 465-90.
21. Alogoskoufis, George, and Frederick van der Ploeg (1990) "On Budgetary Policies and Economic Growth," CEPR Discussion Paper No. 496.
22. Anand, Sudhir, and Ravi M. Kanbur (1993) "The Kuznets Process and the Inequality Development Relationship," Journal of Development Economics 40(1), 25-52.
23. Andreoni, James (1989) "Giving with Impure Altruism: Applications to Charity and Ricardian Equivalence," Journal of Political Economy 97(6), 1447-58.
24. Angeletos, George-Marios (2004) "Idiosyncratic Investment Risk in the Neoclassical Growth Model," mimeo, MIT.
25. Angeletos, George-Marios, and Laurent Calvet (2003) " Idiosyncratic Production Risk, Growth and the Business Cycle," mimeo, MIT.
26. Arrow, Kenneth J. (1962) "The Economic Implications of Learning by Doing," Review of Economic Studies 29, 155-73.
27. Arrow, Kenneth J. (1964) "The Role of Securities in the Optimal Allocation of Risk-Bearing," Review of Economic Studies 31(2), 91-96 (originally published in French in Econométrie, Paris: CNRS, 1953, 41-47).
28. Asimakopoulos, Athanasios (1988) (ed.) Theories of Income Distribution, Boston: Kluwer Academic Publishers.
29. Atkeson, Andrew, and Robert E. Lucas (1992) "On Efficient Distribution with Private Information," Review of Economic Studies 59, 427-53.
30. Atkeson, Andrew, and Robert E. Lucas (1995) "Efficiency and Equality in a Simple Model of Efficient Unemployment Insurance," Journal of Economic Theory 66(1), 64-88.
31. Atkeson, Andrew, and Masao Ogaki (1996) "Wealth-Varying Intertemporal Elasticities of Substitution: Evidence from Panel and Aggregate Data," Journal of Monetary Economics, 38(3), 507-34.
32. Atkinson, Anthony B. (1998) Poverty in Europe, London: Blackwell Publishing.
33. Atkinson, Anthony B. (2003) "Top Incomes in the United Kingdom over the Twentieth Century," mimeo, Nuffield College, Oxford University.
34. Atkinson, Anthony B., and François Bourguignon (2000) "Pauvreté et inclusion dans une perspective mondiale," Revue d'économie du développement, 1-2.
35. Atkinson, Anthony B., and François Bourguignon (2001) "Income Distribution," International Encyclopedia of the Social and Behavioral Sciences (Economics/Public and Welfare Economics), 7265-71, Amsterdam: Elsevier.
36. Atkinson, Anthony B., and Andrea Brandolini (2001) "Promise and Pitfalls in the Use of'Secondary' Data-Sets: Income Inequality in OECD Countries as a Case Study," Journal of Economic Literature 39(3), 771-99.
37. Attanasio, Orazio, Gabriella Berloffa, Richard Blundell, and Ian Preston (2002) "From Earnings Inequality to Consumption Inequality," Economic Journal 112, C52-59.
38. Auerbach, Alan J., and Lawrence J. Kotlikoff (1987) Dynamic Fiscal Policy, Cambridge: Cambridge University Press.
39. Baland, Jean-Marie, and Debraj Ray (1991) "Why Does Asset Inequality Affect Unemployment? A Study of the Demand Composition Problem," Journal of Development Economics 35, 69-92.
40. Banerjee, Abhijit V., and Esther Duflo (2003) "Inequality and Growth: What Can the Data Say?" Journal of Economic Growth 8, 267-99.
41. Banerjee, Abhijit V., and Andrew F. Newman (1993) "Occupational Choice and the Process of Development," Journal of Political Economy 101(2), 274-98.
42. Banerjee, Abhijit V., Dilip Mookherjee, Kaivan Munshi, and Debraj Ray (2001) "Inequality, Control Rights and Rent-Seeking: Sugar Cooperatives in Maharashtra," Journal of Political Economy 109, 138-90.
43. Banerjee Abhijit V., and Thomas Piketty (2003), "Top Indian Incomes, 1956-2000," mimeo, Harvard University.
44. Baranzini, Mauro (1991) A Theory of Wealth Distribution and Accumulation, New York: Oxford University Press.
45. Barro, Robert J. (1974) "Are Government Bonds Net Wealth?" Journal of Political Economy 82, 1095-1117.
46. Barro, Robert J. (2000) "Inequality and Growth in a Panel of Countries," Journal of Economic Growth 5, 5-32.
47. Barro, Robert J., N. Gregory Mankiw, and Xavier Sala-i-Martin (1995) "Capital Mobility in Neoclassical Models of Growth," American Economic Review 85(1), 103-15.
48. Barro, Robert J., and Xavier Sala-i-Martin (1997) "Technological Diffusion, Convergence and Growth," Journal of Economic Growth 2, 1-26.
49. Barsky, Robert B., Gregory Mankiw, and Stephen P. Zeldes (1986) "Ricardian Consumers with Keynesian Propensities," American Economic Review 76, 676-91.
50. Bekaert, Geert, Campbell R. Harvey, and Christian Lundblad (2004) "Growth Volatility and Financial Liberalization," NBER Working Paper No. 10560.
51. Bénabou, Roland (1996a) "Equity and Efficiency in Human Capital Investment:The Local Connection," Review of Economic Studies 63, 237-64.
52. Bénabou, Roland (1996b) "Heterogeneity, Stratification, and Growth: Macroeconomic Implications of Community Structure and School Finance," American Economic Review 86(3), 584-609.
53. Bénabou, Roland (1996c) "Inequality and Growth," in B. S. Bernanke and J. J. Rotemberg (eds.), NBER Macroeconomics Annual 1996, 11-73, Cambridge, MA: MIT Press.
54. Bénabou, Roland (1996d) "Unequal Societies: Income Distribution and the Social Contract," American Economic Review 90, 96-129.
55. Bénabou, Roland, and Jean Tirole (2004) "Beliefin a Just World and Redistributive Politics," mimeo, Princeton University and University of Toulouse.
56. Bencivenga, Valerie R., and Bruce D. Smith (1991) "Financial Intermediation and Endogenous Growth," Review of Economic Studies 58(2), 195-209.
57. Benhabib, Jess, and Aldo Rustichini (1996) "Social Conflict and Growth," Journal of Economic Growth 1(1), 125-42.
58. Benhabib, Jess, and Mark M. Spiegel (1994) "The Role of Human Capital in Economic Development: Evidence from Aggregate Cross-Country Data," Journal of Monetary Economics 34(2), 143-73.
59. Bentolila, Samuel, and Gilles Saint-Paul (2003) "Explaining Movements in the Labor Share," Contributions to Macroeconomics 3(1), article 9.
60. Berg, Andrew, and Jeffrey Sachs (1988) "The Debt Crisis: Structural Explanations of Country Performance," NBER Working Paper No. 2607.
61. Bernhardt, Dan, and Huw Lloyd-Ellis (2000) "Enterprise, Inequality and Economic Development," Review of Economic Studies 67, 147-68.
62. Bernheim, Douglas B. (2000) "Taxation and saving," in Alan J. Auerbach and Martin Feldstein (eds.), Handbook of Public Economics, Amsterdam:North-Holland.
63. Bertola, Giuseppe (1993) "Factor Shares and Savings in Endogenous Growth," American Economic Review 83, 1184-98.
64. Bertola, Giuseppe (1994a) "Theories of Savings and Economic Growth," Ricerche Economiche 48, 257-77.
65. Bertola, Giuseppe (1994b) "Wages, Profits, and Theories of Growth," in Luigi L. Pasinetti and Robert M. Solow (eds.), Economic Growth and the Structure of Long-Term Development, 90-108, New York: St. Martin's Press; London:Macmillan Press.
66. Bertola, Giuseppe (1996) "Factor Shares in OLG Models of Growth," European Economic Review 40, 1541-60.
67. Bertola, Giuseppe (2000) "Macroeconomics of Distribution and Growth," in A. B. Atkinson and F. Bourguignon (eds.), Handbook of Income Distribution, chap. 9, Amsterdam: North-Holland.
68. Bertola, Giuseppe (2004) "A Pure Theory of Job Security and Labor Income Risk," Review of Economic Studies 71(1), 43-61.
69. Bertola, Giuseppe, and Richard Rogerson (1997) "Institutions and Labor Reallocation," European Economic Review 41(6), 1147-71.
70. Binswanger, Johannes (2002) "Government Debt and the Risk Structure of Private Investments with Loss Aversion," mimeo, University of Zurich.
71. Birdsall, Nancy, David Ross, and Richard Sabot (1995) "Inequality and Growth Reconsidered: Lessons from East Asia," World Bank Economic Review 9, 477-508.
72. Blanchard, Olivier J. (1985) "Debt Deficits and Finite Horizons," Journal of Political Economy 92(2), 223-47.
73. Blinder, Alan S. (1974) "Distribution Effects and the Aggregate Consumption Function," Journal of Political Economy 83(3), 447-75.
74. Bliss, Christopher (2004) "Koopmans Recursive Preferences and Income Convergence," Journal of Economic Theory 117, 124-39.
75. Blundell, Richard, and Ian Preston (1998) "Consumption Inequality and Income Uncertainty," Quarterly Journal of Economics 113, 603-40.
76. Boldrin, Michele (1992) "Dynamic Externalities, Multiple Equilibria, and Growth," Journal of Economic Theory 58(2), 198-218.
77. Bourguignon, François (1981) "Pareto Superiority of Unegalitarian Equilibria in Stiglitz's Model of W ealth Distribution with Convex Saving Function," Econometrica 49(6), 1469-75.
78. Bourguignon, François (1998), "Growth and Inequality in the Dual Model of Development:The Role of Demand Factors," Review of Economic Studies 57, 215-228.
79. Bourguignon, François (2004) "The Poverty-Growth-Inequality Triangle," mimeo, World Bank.
80. Bourguignon, Francois, Francisco Ferreira, and P. Leite (2003) "Conditional Cash Transfers, Schooling and Child Labor: Micro-Simulating Brazils Bolsa Escola Program," World Bank Economic Review 17(2), 229-54.
81. Bourguignon, François, and Christian Morrisson (1990) "Income Distribution, Development and Foreign Trade: A Cross-Sectional Analysis," European Economic Review 34(6), 1113-32.
82. Bourguignon, François, and Christian Morrisson (1998) "Inequality and Development: The Role of Dualism," Journal of Development Economics 57, 233-57.
83. Bourguignon, François, and Christian Morrisson (2002) "Inequality among World's Citizens," American Economic Review 92(4), 727-44.
84. Bourguignon, François, and Thierry Verdier (2000) "Oligarchy, Democracy, Inequality and Growth," Journal of Development Economics 62, 285-313.
85. Brunner, Johann K. (1996) "Transition from a Pay-as-You-Go to a Fully-Funded Pension System: The Case of Differing Individuals and Intragenerational Fairness," Journal of Public Economics 60, 131-46.
86. Brunner, Johann K. (1997) "Optimal Taxation of Income and Bequests," Working paper, Department of Economics, University of Linz, Austria.
87. Buiter, Willem H. (1993) "Saving and Endogenous Growth: A Survey of Theory and Policy," in A. Heertje (ed.), World Savings, Theory and Policy, 64-99, London: Blackwell Publishers.
88. Caballero, Ricardo (1991) "Earnings Uncertainty and Aggregate Wealth Accumulation," American Economic Review 81(4), 859-72.
89. Carroll, Christopher D. (1992) "The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence," Brookings Papers on Economic Activity 1992(2), 61-156.
90. Carroll, Christopher D. (1997) "Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis," Quarterly Journal of Economics 112(1), 1-56.
91. Carroll, Christopher D. (2000) "Why Do the Rich Save So Much?" in Joel B. Slemrod (ed.), Does Atlas Shrug? The Economic Consequences of Taxing the Rich, Cambridge, MA: Harvard University Press.
92. Carroll, Christopher D., and Miles S. Kimball (1996) "On the Concavity of the Consumption Function," Econometrica 64(4), 981-92.
93. Carroll, Christopher D., and Miles S. Kimball (2001) "Liquidity Constraints and Precautionary Saving," NBER Working Paper No. 8496.
94. Casarosa, Carlo (1982) "The New View of the Ricardian Theory of Distribution and Economic Growth," in M. Baranzini (ed.), Advances in Economic Theory, Oxford: Basil Blackwell.
95. Caselli, Francesco, and Jaume Ventura (2000) "A Representative Consumer Theory of Distribution," American Economic Review 90(4), 909-26.
96. Cass, David (1965) "Optimum Growth in an Aggregative Model of Capital Accumulation," Review of Economic Studies 32, 233-40.
97. Castaneda, Ana, Javier Diaz-Gimenez, and Jose-Victor Rios-Rull (2003) "Accounting for the U.S. Earnings and Wealth Inequality," Journal of Political Economy 111, 818-57.
98. Castello, Amparo, and Rafael Domenech (2002) "Human Capital Inequality and Economic Growth: Some New Evidence," Economic Journal 112, C187-200.
99. Chamberlin, Edward H. (1933), The Theory of Monopolistic Competition, 4th ed., Cambridge, MA: Harvard University Press.
100. Chatterjee, Satyajit (1994) "Transitional Dynamics and the Distribution of Wealth in a Neoclassical Growth Model," Journal of Public Economics 54, 97-119.
101. Chen, Shaohua, and Martin Ravallion (2001) "How Did the World's Poorest Fare in the 1990s?" Review of Income and Wealth 47, 283-300.
102. Chou, Chien-fu, and Gabriel Talmain (1996) "Pareto Improving Redistribution in a Growing Economy," Journal of Economic Growth 1, 502-23.
103. Clarke, George R. G. (1995) "More Evidence on Income Distribution and Growth," Journal of Development Economics 47, 403-27.
104. Cochrane, John H. (1991) "A Simple Test of Consumption Insurance," Journal of Political Economy 99, 957-76.
105. Cole, Harold L., George J. Mailath, and Andrew Postlewaite (1992) "Social Norms, Savings Behavior, and Growth," Journal of Political Economy 100(6), 1092-1125.
106. Corneo, Giacomo, and Olivier Jeanne (1999) "Pecuniary Emulation, Inequality and Growth," European Economic Review 43, 1665-78.
107. Corneo, Giacomo, and Olivier Jeanne (2001), "Status, the Distribution of W ealth, and Growth," Scandinavian Journal of Economics 103, 283-93.
108. Cowell, Frank A. (2000) "Measurement of Inequality," in A. Atkinson and F. Bourguignon (eds.), Handbook of Income Distribution, chap. 9, Amsterdam:North-Holland.
109. Cremer, Helmuth, and Pierre Pestieau (2003) "Wealth Transfer Taxation: A Survey," CESifo Working Paper No. 1061.
110. Cutler, David, and Larry Katz (1991) "Macroeconomic Performance and the Disadvantaged," Brookings Papers on Economic Activity 2, 1-74.
111. Dalgin, Muhammed, Devashish Mitra, and Vitor Trindade (2004) "Inequality, Non-homothetic Preferences, and Trade: A Gravity Approach," mimeo, Syracuse University.
112. Davies, James B., and Anthony F. Shorrocks (2000) The Distribution of W ealth, in A. Atkinson and F. Bourguignon (eds.), Handbook of Income Distribution, chap. 11, Amsterdam: North-Holland.
113. De Janvry, Alain, and Elisabeth Sadoulet (1983) "Social Articulation as a Condition for Equitable Growth," Journal of Development Economics 13(3), 275-303.
114. Deaton, Angus (1991) "Saving and Liquidity Constraints," Econometrica 59(5), 1221-48.
115. Deaton, Angus (2004) "Measuring Poverty in a Growing World (or Measuring Growth in a Poor World)," Working Paper 6/03, Research Program in Development Studies, Woodrow Wilson School, Princeton University.
116. Deaton, Angus, and John Muellbauer (1980) Economics and Consumer Behavior, Cambridge: Cambridge University Press.
117. Deaton, Angus, and Christina Paxson (1994) "Intertemporal Choice and Inequality," Journal of Political Economy 102(3), 437-67.
118. Debreu, Gérard (1959) "Cardinal Utility for Even-Chance Mixtures of Pairs of Sure Prospects," Review of Economic Studies 71.
119. De Gregorio, José (1996) "Borrowing Constraints, Human Capital Accumulation, and Growth," Journal of Monetary Economics 37(1), 49-71.
120. Deininger, Klaus, and Lyn Squire (1996) "Measuring Income Inequality: A New Database," World Bank Economic Review 10(3), 565-92.
121. Deininger, Klaus, and Lyn Squire (1998) "New Ways of Looking at Old Issues: Inequality and Growth," Journal of Development Economics 57, 259-87.
122. Deininger, Klaus, and Pedro Olinto (2001) "Asset Distribution, Inequality and Growth," World Bank Working Paper No. 2375.
123. Devereux, Michael B., and Makoto Saito (1997) "Growth and Risk-Sharing with Incomplete International Assets Markets," Journal of International Economics 42(3-4), 455-73.
124. Devereux, Michael B., and Gregor W. Smith (1994) "International Risk Sharing and Economic Growth," International Economic Review 35(3), 535-90.
125. De Nardi, Mariacristina (2004) "Wealth Inequality and Intergenerational Links," Review of Economic Studies 71(3).
126. Diamond, Peter A. (1965) "National Debt in a Neoclassical Growth Model," American Economic Review 55(5), 1126-50.
127. Dixit, Avinash K. (1977) "The Accumulation of Capital Theory," Oxford Economic Papers 29(1), 1-29.
128. Dixit, Avinash, and Rafael Rob (1994) "Switching Costs and Sectoral Adjustment in General Equilibrium with Uninsured Risk," Journal of Economic Theory 62, 48-69.
129. Dixit A., and J. Stiglitz (1977) "Monopolistic Competition and Optimum Product Diversity," American Economic Review 67, 297-308.
130. Dollar, David, and Aart Kraay (2002) "Growth Is Good for the Poor," Journal of Economic Growth 7, 195-225.
131. Domar, Evsey D. (1946) "Capital Expansion, Rate of Growth, and Employment," Econometrica 14, 137-47.
132. Drazen, Allan (2000) Political Economy in Macroeconomics, Princeton, NJ:Princeton University Press.
133. Durlauf, Steven N. (1996) "A Theory of Persistent Income Inequality," Journal of Economic Growth 11, 75-93.
134. Dynan, Karen E., Jonathan Skinner, and Stephen E. Zeldes (2004) "Do the Rich Save More?" Journal of Political Economy 112, 397-444.
135. Easterly, William (2002) "Inequality Does Cause Underdevelopment," CGD Working Paper 1, Center for Global Development, Institute for International Economics, Washington, DC.
136. Echevarria, Cristina (1997) "Changes in Sectoral Composition Associated with Economic Growth," International Economic Review 38(2), 431-52.
137. Eicher, Theo, and Cecilia García-Peñalosa (2001) "Inequality and Growth: The Dual Role of Human Capital in Development," Journal of Development Economics 66, 173-97.
138. Engel, Charles, and Kenneth Kletzer (1992) "Distribution of Rents and Growth," Economic Growth Center Discussion Paper No. 656, April.
139. Engel, Ernst (1857) "Die Productions- und Consumptionsverhältnisse des Königreichs Sachsen," Zeitschrift des Statistischen Büreaus des Königlich Sächsischen Ministeriums des Inneren, No. 8 und 9.
140. Engerman, Stanley L., and Kenneth L. Sokoloff (1994) "Factor Endowments:Institutions, and Differential Paths of Growth among New World Economies:A View from Economic Historians of the United States," NBER Working Paper No. h0066.
141. Engerman, Stanley L., and Kenneth L. Sokoloff (2002) "Factor Endowments, Inequality and Paths of Development among New World Economies," NBER Working Paper No. 9259.
142. Eswaran, Mukesh, and Ashok Kotwal (1993) "A Theory of Real Wage Growth in LDCs," Journal of Development Economics 42, 243-69.
143. Ethier, Wilfred (1982) "National and International Returns to Scale in the Modern Theory of International Trade," American Economic Review 73, 389-405.
144. Falkinger, Josef (1986) Sättigung-Moralische und psychologische Grenzen des Wachstums, Tübingen: J.C.B. Mohr (Paul Siebeck).
145. Falkinger, Josef (1990a) "On Growth along a Hierarchy of W ants," Metroeconomica 41, 209-23.
146. Falkinger, Josef (1990b) "Innovator-Imitator Trade and the Welfare Effects of Growth," Journal of the Japanese and International Economies 4, 157-72.
147. Falkinger, Josef (1994) "An Engelian Model of Growth and Innovation with Hierarchic Consumer Demand and Unequal Incomes," Ricerche Economiche 48, 123-39.
148. Falkinger, Josef, and Josef Zweimüller (1996) "The Cross-Country Engel Curve for Product Diversification," Structural Change and Economic Dynamics, 7, 79-97.
149. Felipe, Jesus, and Franklin M. Fisher (2001) "Aggregation in Production Functions: What Applied Economists Should Know," mimeo, Georgia Institute of T echnology, Atlanta and MIT, Cambridge.
150. Fershtman, Chaim, Kevin M. Murphy, and Yoram Weiss (1996), "Social Status, Education, and Growth," Journal of Political Economy 104, 108-32.
151. Fields, Gary S. (2001) Distribution and Development: A New Look at the Developing World, New York and Cambridge, MA: Russell Sage Foundation and MIT Press.
152. Fields, Gary S., and George H. Jakubson (1993) "New Evidence on the Kuznets Curve," mimeo, Cornell University.
153. Finkelstein, Amy (2004) "Static and Dynamic Effects of Health Policy: Evidence from the Vaccine Industry," Quarterly Journal of Economics 119, 527-64.
154. Fisher, Franklin M. (1969) "The Existence of Aggregate Production Functions," Econometrica 37, 553-77.
155. Fisher, Irving (1930), The Theory of Interest, as Determined by Impatience to Spend Income and Opportunity to Invest It, New York: Macmillan.
156. Flam, Harry, and Elhanan Helpman (1987) "Vertical Product Differentiation and North-South Trade," American Economic Review 77, 810-22.
157. Flemming, John S. (1978) "Aspects of Optimal Unemployment Insurance," Journal of Public Economics 10, 403-25.
158. Foellmi, Reto (1999) Monopolistische Preissetzung bei Hierarchischen Präferenzen, Diploma Thesis, University of Zurich.
159. Foellmi, Reto (2005), Consumption Structure and Macroeconomics, Lecture Notes in Economics and Mathematical Systems, vol. 554, Heidelberg/New York:Springer.
160. Foellmi, Reto, and Manuel Oechslin (2003) "Who Gains from Non-Collusive Corruption?" IEW Working Paper No. 142, University of Zurich.
161. Foellmi, Reto, and JosefZweimüller (2002) "Structural Change and the Kaldor Facts of Economic Growth," CEPR Working Paper No. 3300.
162. Foellmi, Reto, and JosefZweimüller (2003) "Inequality and Macroeconomics: The Role of Product Market Power" mimeo, University of Zurich.
163. Foellmi, Reto, and JosefZweimüller (2004a) "Inequality, Market Power and Product Diversity," Economics Letters 82, 139-45.
164. Foellmi, Reto, and JosefZweimüller (2004b) "Inequality and Demand-Induced Innovations," mimeo, University of Zurich.
165. Foellmi, Reto, and JosefZweimüller (2004c) "Income Distribution, Prices, and Market Size in an Innovative Economy: Demand Composition and the Inequality-Growth Nexus" mimeo, University of Zurich.
166. Forbes, Kristin (2000) "A Reassessment of the Relationship between Inequality and Growth," American Economic Review 90(4), 869-87.
167. Francois, Joseph F., and Seth Kaplan (1996) "Aggregate Demand Shifts, Income Distribution, and the Linder Hypothesis," Review of Economics and Statistics 78, 244-50.
168. Freeman, Scott (1996) "Equilibrium Income Inequality among Identical Agents," Journal of Political Economy 104, 1047-64.
169. Friedman, Milton (1957) A Theory of the Consumption Function, Princeton, NJ: Princeton University Press.
170. Gabszewicz, Jean Jaskold, and Jacques-François Thisse (1979) "Price Competition, Quality and Income Disparities," Journal of Economic Theory 20, 340-59.
171. Gabszewicz, Jean Jaskold, and Jacques-François Thisse (1980) "Entry (and Exit) in a Differentiated Industry," Journal of Economic Theory 22, 327-38.
172. Gabszewicz, Jean Jaskold, and Jacques-François Thisse (1982) "Product Differentiation with Income Disparities: An Illustrative Model," Journal of Industrial Economics 31, 115-29.
173. Gabszewicz, Jean Jaskold, John Sutton, Avner Shaked, and Jacques-François Thisse (1981) "International Trade in Differentiated Products," International Economic Review 3, 527-34.
174. Galor, Oded (2000) "Inequality and the Process of Development," European Economic Review 44, 706-12.
175. Galor, Oded, and Omer Moav (2002) "Das Humankapital: A Theory of the Demise of the Class Structure," mimeo, Hebrew University.
176. Galor, Oded, and Omer Moav (2004) "From Physical to Human Capital Accumulation: Inequality in the Process of Development," Review of Economic Studies 71, 1001-26.
177. Galor Oded, Omer Moav, and Dietrich Vollrath (2003) "Land Inequality and the Origin of Divergence and Overtaking in the Growth Process: Theory and Evidence," mimeo, Brown University.
178. Galor, Oded, and Harl E. Ryder (1989) "Existence, Uniqueness and Stability of Equilibrium in an Overlapping-Generations Model with Productive Capital," Journal of Economic Theory 49, 360-75.
179. Galor, Oded, and Daniel Tsiddon (1997) "The Distribution of Human Capital and Economic Growth," Journal of Economic Growth 2, 93-124.
180. Galor, Oded, and Joseph Zeira (1988) "Income Distribution and Macroeconomics," Working Paper No. 197, Hebrew University, Jerusalem.
181. Galor, Oded, and Joseph Zeira (1993) "Income Distribution and Macroeconomics," Review of Economic Studies 60, 35-52.
182. Gancia, Gino, and Fabrizio Zilibotti (2005) "Horizontal Innovation in the Theory of Growth and Development," forthcoming in P. Aghion and S. Durlauf(eds.), Handbook of Economic Growth, Amsterdam: North-Holland.
183. Garcia-Penalosa, Cecilia (1996) "The Paradox of Education or the Good Side of Inequality," Oxford Economic Papers 47, 265-85.
184. Ghatak, Maitreesh, and Neville Nien-Huei Jiang (2002) "A Simple Model of Inequality, Occupational Choice, and Development," Journal of Development Economics 69, 205-26.
185. Ghosh, Sugata, and Sarmistha Pal (2004) "The Effect of Inequality on Growth:Theory and Evidence from the Indian States," Review of Development Economics 8(1), 164-77.
186. Giammarioli, Nicola, Julian Messina, Thomas Steinberger, and Chiara Strozzi, (2003) "European Labor Share Dynamics," EUI Working Paper ECO No. 2002/13, European University Institute, Florence.
187. Glaeser, Edward L., Jose A. Scheinkman, and Andrei Shleifer (2002) "The Injustice of Inequality," mimeo, Harvard University.
188. Glass, Amy Joycelin (2001) "Price Discrimination and Quality Improvement," Canadian Journal of Economics 34, 549-69.
189. Glomm, Gerhard, and B. Ravikumar (1992) "Public versus Private Investment in Human Capital: Endogenous Growth and Income Inequality," Journal of Political Economy 100(4), 813-34.
190. Gokhale, Jagadeesh, Laurence J. Kotlikoff, James Sefton, and Martin Weale (2001) "Simulating the Transmission of W ealth Inequality via Bequests," Journal of Public Economics 79(1), 93-128.
191. Gollier, Christian (2001a) The Economics of Risk and Time, Cambridge MA:MIT Press.
192. Gollier, Christian (2001b) "Wealth Inequality and Asset Pricing," Review of Economic Studies 68, 181-203.
193. Gomes, Joao, Jeremy Greenwood, and Sergio Rebelo (2001) "Equilibrium Unemployment," Journal of Monetary Economics 48(1) (August), 109-52.
194. Gordon, Robert J. (2004) "Two Centuries of Economic Growth: Europe Chasing the American Frontier," NBER Working Paper No. 10662.
195. Greenwood, Jeremy, and Boyan Jovanovic (1990) "Financial Development, Growth, and the Distribution of Income," Journal of Political Economy 98, 1076-1107.
196. Greenwood, Jeremy, and Bruce D. Smith (1997) "Financial Markets in Development, and the Development of Financial Markets," Journal of Economic Dynamics and Control 21(1), 145-81.
197. Grossman, Gene M., and Elhanan Helpman (1989) "Product Development and International Trade," Journal of Political Economy 6, 1261-83.
198. Grossman, Gene M., and Elhanan Helpman (1991) Innovation and Growth in the Global Economy, Cambridge, MA: MIT Press.
199. Grossman, Gene M., and Noriyuki Yanagawa (1993) "Asset Bubbles and Endogenous Growth," Journal of Monetary Economics 31(1), 3-19.
200. Grossman, Herschel I., and Minseong Kim (1996) "Predation and Accumulation," Journal of Economic Growth 1(3), 333-50.
201. Grossmann, Volker (2004) "Risky Human Capital Investment, Income Distribution, and Macroeconomics," mimeo, University of Zurich.
202. Hahn, Frank H., and R.C.O. Matthews (1964) "The Theory of Economic Growth: A Survey" Economic Journal 74, 780-902.
203. Harrod, Roy F. (1939) "An Essay in Dynamic Theory," Economic Journal 49, 14-33.
204. Heaton, John, and Deborah Lucas (1996) "Evaluating the Effects of Incomplete Markets on Risk Sharing and Asset Pricing," Journal of Political Economy 104, 443-87.
205. Hildenbrand, Werner, and A. Kneip (1999) "Demand Aggregation under Structural Stability," Journal of Mathematical Economics 31(1), 81-109.
206. Houthakker, Hendrick S. (1987) "Engel Curve," in J. Eatwell, M. Milgate, and P. Newman (eds.), The New Palgrave Dictionary of Economics, 142-43, London: Macmillan.
207. Huggett, Mark (1993) "The Risk-Free Rate in Heterogeneous-Agent Incomplete-Insurance Economies," Journal of Economic Dynamics and Control 17, 953-69.
208. Huggett, Mark (1997) "The One-Sector Growth Model with Idiosyncratic Shocks:Steady States and Dynamics," Journal of Monetary Economics 39(3), August, 385-403.
209. Hunter, Linda C. (1991) "The Contribution of Nonhomothetic Preferences to Trade," Journal of International Economics 30, 345-58.
210. Hunter, Linda C., and James R. Markusen (1988) "Per-Capita Income as a Determinant of T rade," in Robert C. Feenstra (ed.), Empirical Methods for International Trade, Cambridge, MA: MIT Press.
211. Irvine, Ian, and Susheng Wang (1994) "Earnings Uncertainty and Aggregate Wealth Accumulation: Comment," American Economic Review 84(5), 1463-69.
212. Jackson, L. Fraser (1984) "Hierarchic Demand and the Engel Curve for Variety," Review of Economics and Statistics 66, 8-15.
213. Jappelli, Tullio, and Marco Pagano (1994) "Saving, Growth and Liquidity Constraints," Quarterly Journal of Economics 109, 83-109.
214. Jones, Larry E., and Rodolfo Manuelli (1990) "A Convex Model of Equilibrium Growth: Theory and Policy Implications," Journal of Political Economy 98, 1008-38.
215. Jones, Larry E., and Rodolfo Manuelli (1992) "Finite Lives and Growth," Journal of Economic Theory 58(2), 171-97.
216. Judd, Kenneth (1985) "Short-Run Analysis of Fiscal Policy in a Simple Perfect Foresight Model," Journal of Political Economy 93(2), 298-319.
217. Kaldor, Nicholas (1955) "Alternative Theories of Distribution," Review of Economic Studies 23, 83-100.
218. Kaldor, Nicholas (1956) "Alternative Theories of Distribution," Review of Economic Studies 23, 94-100.
219. Kaldor, Nicholas (1961) "Capital Accumulation and Economic Growth," in F. A. Lutz and D. C. Hague (eds.), The Theory of Capital, New York: St. Martin's Press.
220. Kaldor, Nicholas (1966) "Marginal Productivity and the Macro-Economic Theories of Distribution," Review of Economic Studies 33, 309-19.
221. Kalecki, Michal (1938) "The Determinants of Distribution of the National Income," Econometrica 6, 97-112.
222. Kalecki, Michal (1954) Theory of Economic Dynamics: An Essay on Cyclical and Long-Run Changes in Capitalist Economy, London: Allen & Unwin Ltd.
223. Katona, George (1964) The Mass Consumption Society, New York:McGraw-Hill.
224. Keynes, John Maynard (1936) The General Theory of Employment, Interest, and Money, reprint, New York: Harcourt Brace Jovanovich, 1964.
225. Kindleberger, Charles P. (1989) Economic Laws and Economic History, Cambridge: Cambridge University Press (Raffaele Mattioli Lectures).
226. Koeniger, Winfried (2004) "Openness, Innovations and Cross-Country Productivity Differences," mimeo, IZA Bonn.
227. Kongsamut, Piyabha, Sergio Rebelo, and Danyang Xie (2001) "Beyond Balanced Growth," Review of Economic Studies 68, 869-82.
228. Koo, Hyeng Keun (1999) "Consumption and Portfolio Selection with Labor Income: A Discrete-Time Approach," Mathematical Methods of Operations Research 50, 219-43.
229. Koopmans, Tjalling C. (1965) "On the Concept of Optimal Economic Growth," in The Economic Approach to Development Planning, Amsterdam:North-Holland.
230. Kotlikoff, Lawrence J., and Lawrence H. Summers (1981) "The Role of Intergenerational Transfers in Aggregate Capital Formation," Journal of Political Economy 89, 706-32.
231. Kremer, Michael (2001a) "Creating Markets for New Vaccines: Part I:Rationale," in Adam B. Jaffe, Josh Lerner, and Scott Stern (eds.), Innovation Policy and the Economy, Cambridge, MA: MIT Press.
232. Kremer, Michael (2001b) "Creating Markets for New Vaccines: Part II: Design Issues," in Adam B. Jaffe, Josh Lerner, and Scott Stern (eds.), Innovation Policy and the Economy, Cambridge, MA: MIT Press.
233. Krueger, Dirk, and Fabrizio Perri (2003) "On the Welfare Consequences of the Increase in Inequality in the United States," in M. Gertler and K. Rogoff (eds.), NBER Macroeconomics Annual 2003, Cambridge, MA: MIT Press.
234. Krishna, Kala, and Cemile Yavas (2004) "Immiserizing Growth in a Closed Economy," Scandinavian Journal of Economics 106, 143-58.
235. Krishna, Kala, and Cemile Yavas (2005) "When Trade Hurts: Consumption Indivisibilities and Labor Market Distortions," Journal of International Economics, forthcoming.
236. Krusell, Per, Vincenzo Quadrini, and José-Victor Ríos-Rull (1997) "Politico-Economic Equilibrium and Economic Growth" Journal of Economic Dynamics and Control 21(1), 23-73.
237. Krusell, Per, and José-Victor Ríos-Rull (1992) "Vested Interests in a Positive Theory of Stagnation and Growth," Review of Economic Studies 63, 301-29.
238. Krusell, Per, and Anthony A. Smith (1997) "Income and Wealth Heterogeneity, Portfolio Choice, and Equilibrium Asset Returns," Macroeconomic Dynamics 1(2), 387-422.
239. Krusell, Per, and Anthony A. Smith (1998) "Income and Wealth Heterogeneity in the Macroeconomy," Journal of Political Economy 106, 867-96.
240. Kurz, Heinz D., and Neri Salvadori (1995) Theory of Production: A Long-Period Analysis, Cambridge: Cambridge University Press.
241. Kuznets, Simon (1955) "Economic Growth and Income Inequality," American Economic Review 45(1), 1-28.
242. Laitner, John (1979a) "Bequests, Golden-age Capital Accumulation and Government Debt," Economica 46, 403-14.
243. Laitner, John (1979b) "Household Bequest Behavior and the National Distribution of Wealth," Review of Economic Studies 46, 467-83.
244. Laitner, John (1992) "Random Earnings Differences, Lifetime Liquidity Constraints, and Altruistic Intergenerational Transfers," Journal of Economic Theory 58, 135-70.
245. Laitner, John (1997) "Intergenerational and Interhousehold Economic Links," in M. R. Rosenzweig and O. Stark (eds.), Handbook of Population and Family Economics, vol. 1, 189-238, Amsterdam: North-Holland.
246. Laitner, John (2000) "Structural Change and Economic Growth," Review of Economic Studies 67, 545-61.
247. Laitner, John (2002) "Wealth Inequality and Altruistic Bequests," American Economic Review 92(2), 270-73.
248. Lancaster, Kelvin (1979) Variety, Equity and Efficiency, Oxford: Basil Blackwell.
249. Leonardi, Marco (2004) "Product Demand Shifts and Wage Inequality" mimeo, University of Milan.
250. Lerner, Abba P. (1934) "The Concept of Monopoly and the Measurement of Monopoly Power," Review of Economic Studies 3, 157-75.
251. Levine, David P. (1988) "Marx's Theory of Income Distribution" in A. Asimakopoulos (ed.), Theories of Income Distribution, Boston: Kluwer Academic Publishers.
252. Levy, Moshe, and Sorin Solomon (1997) "New Evidence for the Power-Law Distribution of W ealth," Physica A: Statistical and Theoretical Physics 242, 90-94.
253. Li, Chol-Won (2003) "Income Inequality, Product Market, and Schumpeterian Growth," mimeo, University of Glasgow.
254. Li, Hongyi, and Heng-fu Zou (1998) "Income Inequality Is Not Harmful for Growth: Theory and Evidence," Review of Development Economics 2, 318-34.
255. Linder, Staffan B. (1961) An Essay on Trade and Transformation, Stockholm:Almqvist and Wicksell.
256. Lindert, Peter H., and Jeffrey G. Williamson (1985) "Growth, Equality, and History," Explorations in Economic History 22, 341-77.
257. Ljungqvist, Lars (1993) "Economic Underdeveloment: The Case of a Missing Market for Human Capital," Journal of Development Economics 40, 219-39.
258. Ljungqvist, Lars (1995) "Wage Structure as Implicit Insurance on Human Capital in Developed versus Undeveloped Countries," Journal of Development Economics 46, 35-50.
259. Ljungqvist, Lars, and Thomas J. Sargent (2004) Recursive Macroeconomic Theory, 2nd ed., Cambridge, MA: MIT Press.
260. Lloyd-Ellis, Huw (1999) "Endogenous Technological Change and Wage-Inequality," American Economic Review 89(1), 47-77.
261. Lloyd-Ellis, Huw (2000) "Public Education, Occupational Choice and the Growth-Inequality Relationship," International Economic Review 41, 171-201.
262. Loury, Glenn C. (1981) "Intergenerational Transfers and the Distribution of Earnings," Econometrica 49, 843-67.
263. Lucas, Robert E. (1988) "On the Mechanics of Economic Development," Journal of Monetary Economics 22, 3-42.
264. Lucas, Robert E., and Edward C. Prescott (1974) "Equilibrium Search and Unemployment," Journal of Economic Theory 7, 188-209.
265. Lucas, Robert, and Nancy Stokey (1984) "Optimal Growth with Many Consumers," Journal of Economic Theory 32, 139-71.
266. Lundberg, Mattias, and Lyn Squire (2003) "The Simultaneous Evolution of Growth and Inequality," Economic Journal 113(487), 326.
267. Maddison, Angus (1987) "Growth and Slowdown in Advanced Capitalist Economies: Techniques of Quantitative Assessment," Journal of Economic Literature 25, 649-98.
268. Mani, Anandi (2001) "Income Distribution and the Demand Constraint," Journal of Economic Growth 6(2), 107-33.
269. Marglin, Stephen A. (1984) Growth, Distribution, and Prices, Cambridge, MA:Harvard University Press.
270. Matsuyama, Kiminori (1992) "Agricultural Productivity, Comparative Advantage, and Economic Growth," Journal of Economic Theory 58, 317-34.
271. Matsuyama, Kiminori (2000a) "Endogenous Inequality," Review of Economic Studies, 67, 743-59.
272. Matsuyama, Kiminori (2000b) "A Ricardian Model with a Continuum of Goods under Nonhomothetic Preferences: Demand Complementarities, Income Distribution and North-South Trade," Journal of Political Economy 108, 1093-1120.
273. Matsuyama, Kiminori (2002) "The Rise of Mass Consumption Societies," Journal of Political Economy 110, 1035-70.
274. Matsuyama, Kiminori (2003) "On the Rise and Fall of Class Societies," mimeo, Northwestern University.
275. McKay, Andrew, and Sarmistha Pal (2004) "Relationships between Household Consumption and Inequality in the Indian States," Journal of Development Studies 40, 65-90.
276. Merton, Robert C. (1971) "Optimum Consumption and Portfolio Rules in a Continuous-Time Model," Journal of Economic Theory 3, 373-413.
277. Moav, Omer (2002) "Income Distribution and Macroeconomics: The Persistence of Inequality in a Convex Technology Framework," Economics Letters 75, 187-92.
278. Modigliani, Franco, and Richard Brumberg (1954) "Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data," in Kenneth K. Kurihara (ed.), Post-Keynesian Economics, 388-436, New Brunswick, NJ:Rutgers University Press.
279. Mookherjee, Dilip, and Debraj Ray (2002) "Is Equality Stable?" American Economic Review 92, 253-59.
280. Mookherjee, Dilip, and Debraj Ray (2003) "Persistent Inequality," Review of Economic Studies 70, 369-93.
281. Moskowitz, Tobias, and Annette Vissing-Jørgensen (2002) "The Returns to Entrepreneurial Investment: A Private Equity Premium Puzzle?" American Economic Review 92, 745-78.
282. Mueller, Dennis, and Thomas Stratmann (2003) "The Economic Effects of Democratic Participation," Journal of Public Economics 87, 2129-55.
283. Murata, Yasusada (2004) "Non-Homothetic Preferences, Increasing Returns, and the Introduction of New Final Goods," mimeo, Tokio Metropolitan University.
284. Murphy, Kevin, Andrei Shleifer, and Robert Vishny (1989) "Industrialization and the Big Push," Journal of Political Economy 97, 1003-1126.
285. Nerlove, Marc, and Lakshmi K. Raut (1997) "Growth Models with Endogenous Population: A General Framework," in M. R. Rosenzweig and O. Stark (eds.), Handbook of Population and Family Economics, Amsterdam:North-Holland.
286. O'Donoghue, Ted, and JosefZweimüller (2004) "Patents in a Model of Endogenous Growth," Journal of Economic Growth 9, 81-123.
287. Obstfeld, Maurice (1994) "Risk-Taking, Global Diversification, and Growth," American Economic Review 84(5), 1310-29.
288. Ogaki, Masao, Jonathan D. Ostry, and Carmen M. Reinhart (1996) "Saving Behavior in Low- and Middle-Income Developing Countries: A Comparison," International Monetary Fund Staff Papers 43(1), 38-71.
289. Ordover, Jansuz A., and Edmund S. Phelps (1979) "The Concept of Optimal Taxation in the Overlapping-Generations Model of Capital and Wealth," Journal of Public Economics 12, 1-26.
290. Pagano, Marco (1993) "Financial Markets and Growth: An Overview," European Economic Review 37(3), 613-22.
291. Panizza, Ugo (2002) "Income Distribution and Economic Growth: Evidence from the U.S. States Data," Journal of Economic Growth 7, 25-41.
292. Partridge, Mark D. (1997) "Is Inequality Harmful for Growth? Comment," American Economic Review 87, 1019-32.
293. Pasinetti, Luigi (1960) "A Mathematical Formulation of the Ricardian System," Review of Economic Studies 27, 78-98.
294. Pasinetti, Luigi (1962) "Rate of Profit and Income Distribution in Relation to the Rate of Economic Growth," Review of Economic Studies 29, 267-79.
295. Pasinetti, Luigi (1981) Structural Change and Economic Growth, Cambridge:Cambridge University Press.
296. Pasinetti, Luigi (1993) Structural Economic Dynamics, Cambridge: Cambridge University Press.
297. Paukert, Felix (1973) "Income Distribution at Different Levels of Development:A Survey of the Evidence," International Labour Review 108, 97-125.
298. Perotti, Roberto (1993) "Political Equilibrium, Income Distribution, and Growth," Review of Economic Studies 60, 755-76.
299. Perotti, Roberto (1996a) "Growth, Income Distribution, and Democracy: What the Data Say," Journal of Economic Growth 1, 149-87.
300. Perotti, Roberto (1996b) "Inequality and Growth: Comment," in B. S. Bernanke and J. J. Rotemberg (eds.), NBER Macroeconomics Annual 1996, 74-82, Cambridge, MA: MIT Press.
301. Persky, Joseph (1992) "Retrospectives: Pareto's Law," Journal of Economic Perspectives 6(2), 181-92.
302. Persson, Torsten, and Guido Tabellini (1992) "Growth, Distribution, and Politics," European Economic Review 36, 593-602.
303. Persson, Torsten, and Guido Tabellini (1994) "Is Inequality Harmful for Growth?" American Economic Review 84, 600-621.
304. Persson, Torsten, and Guido Tabellini (1998) "Political Economics and Macroeconomic Policy," in J. Taylor and M. Woodford (eds.), Handbook of Macroeconomics, Amsterdam:North-Holland.
305. Persson, Torsten, and Guido Tabellini (2000) Political Economics: Explaining Economic Policy, Cambridge, MA: MIT Press.
306. Piketty, Thomas (1997) "The Dynamics of the Wealth Distribution and the Interest Rate with Credit Rationing," Review of Economic Studies 64(2), 173-90.
307. Piketty, Thomas (2000) "Theories of Persistent Inequality and Intergenerational Mobility," in A. Atkinson and F. Bourguignon (eds.), Handbook of Income Distribution, chap. 6, Amsterdam: North-Holland.
308. Piketty, Thomas (2003) "Income Inequality in France, 1901-1998," Journal of Political Economy 111, 1004-42.
309. Piketty, Thomas, and Emmanuel Saez (2003) "Income Inequality in the United States, 1913-1998," Quarterly Journal of Economics 118(1), 1-39.
310. Pirttilä, Jukka, and Matti Tuomala (2001) "On Optimal Non-linear Taxation and Public Good Provision in an Overlapping Generations Economy," Journal of Public Economics 79(3), 485-501.
311. Pissarides, Christopher (2001) "Employment Protection," Labour Economics 8(2), 131-59.
312. Plato (360 BC) Politeia-Der Staat, translated into German by R. Rufener, Düsseldorf: Artemis und Winkler, 2000.
313. Pollack, Robert A. (1971) "Additive Utility Functions and Linear Engel Curves," Review of Economic Studies 38, 401-13.
314. Quadrini, Vincenzo (2000) "Entrepreneurship, Saving, and Social Mobility," Review of Economic Dynamics 3, 1-40.
315. Ravallion, Martin (1998) "Does Aggregation Hide the Harmful Effects of Inequality on Growth?" Economics Letters 61, 73-77.
316. Ravallion, Martin (2001) "Growth, Inequality and Poverty: Looking Beyond Averages," World Development 29(11), 1803-15.
317. Ray, Debraj (1998) Development Economics, Princeton, NJ: Princeton University Press.
318. Rebelo, Sergio (1991) "Long-Run Policy Analysis and Long-Run Growth," Journal of Political Economy 99, 500-521.
319. Rebelo, Sergio (1992) "Growth in Open Economies," Carnegie-Rochester Conference Series on Public Policy 36, 5-46.
320. Robinson, Joan (1933) The Economics of Imperfect Competition, London:Macmillan.
321. Robinson, Joan (1956) The Accumulation of Capital, London: Macmillan.
322. Roemer, John E. (1981) Analytical Foundations of Marxian Economic Theory, Cambridge: Cambridge University Press.
323. Romer, Paul M. (1986) "Increasing Returns and Long-Run Growth," Journal of Political Economy 94, 1002-37.
324. Romer, Paul M. (1987) "Growth Based on Increasing Returns Due to Specialization," American Economic Review 77 (May), 56-62.
325. Romer, Paul M. (1989) "Capital Accumulation in the Theory of Long-Run Growth," in R. J. Barro (ed.), Modern Business Cycle Theories, 51-127, Cambridge, MA:Harvard University Press.
326. Romer, Paul M. (1990) "Endogenous Technological Change," Journal of Political Economy 98, 71-102.
327. Rostow, Walt Whitman (1960) The Process of Economic Growth, 2nd ed., Oxford: Clarendon.
328. Saez, Emmanuel (2004) "Income Concentration in Historical and International Perspective," forthcoming in A. J. Auerbach, D. Card, and J. M. Quigley (eds.) Poverty, the Distribution of Income, and Public Policy: A Conference in Honor of Eugene Smolensky, New York: Russell Sage Foundation.
329. Saint-Paul, Gilles (1992a) "Fiscal Policy in an Endogenous Growth Model," Quarterly Journal of Economics 107, 1243-59.
330. Saint-Paul, Gilles (1992b) "Technological Choice, Financial Markets and Economic Development," European Economic Review 36(4), 763-81.
331. Saint-Paul, Gilles (2004a) "Distribution and Growth in an Economy with Limited Needs," mimeo, University of Toulouse.
332. Saint-Paul, Gilles (2004b) "Are Intellectual Property Rights Unfair?" Labour Economics 11, 129-44.
333. Sala-i-Martin, Xavier (1996a) "Regional Cohesion: Evidence and Theories of Regional Growth and Convergence," European Economic Review 40, 1325-52.
334. Sala-i-Martin, Xavier (1996b) "The Classical Approach to Convergence Analysis," Economic Journal 106(437), 1019-36.
335. Sala-i-Martin, Xavier (2002) "The Disturbing 'Rise' of W orld Income Inequality," mimeo, Columbia University.
336. Samuelson, Paul A. (1958) "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy 66, 467-82.
337. Samuelson, Paul A., and Franco Modigliani (1966) "The Pasinetti Paradox in Neoclassical and More General Models," Review of Economic Studies 33, 269-301.
338. Schmidt-Hebbel, Klaus, and Luis Serven (2000) "Does Income Inequality Raise Aggregate Saving?" Journal of Development Economics 61, 417-46.
339. Schumpeter, Joseph (1939) Business Cycles: A Theoretical, Historical and Statistical Analysis of the Capitalist Process, abridged, with an introduction by Rendigs Fels, New York: McGraw-Hill, 1964; reprinted Philadelphia:Porcupine Press, 1989.
340. Segerstrom, Paul S., Thirumalai C. A. Anant, and Elias Dinopoulos (1990) "A Schumpeterian Model of the Product Life Cycle," American Economic Review 80, 1077-91.
341. Shaked, Avner, and John Sutton (1982) "Relaxing Price Competition through Product Differentiation," Review of Economic Studies 49, 3-13.
342. Shaked, Avner, and John Sutton (1983) "Natural Oligopolies," Econometrica 51, 1469-83.
343. Shavell, Steven, and Lawrence Weiss (1979) "The Optimal Payment of Unemployment Insurance Benefits over Time," Journal of Political Economy 87, 1347-62.
344. Sinn, Hans-Werner (1995) "A Theory of the Welfare State," Scandinavian Journal of Economics 97, 495-526.
345. Smith, Adam (1776) An Inquiry into the Nature and Causes of the Wealth of Nations, R. H. Campbell, A. S. Skinner, and W. B. Todd (eds.), vol. 2 of The Glasgow Edition of the Works and Correspondence of Adam Smith, Oxford:Clarendon Press, 1976.
346. Solow, Robert M. (1956a) "A Contribution to the Theory of Economic Growth," Quarterly Journal of Economics 70(1), 65-94.
347. Solow, Robert M. (1956b) "The Production Function and the Theory of Capital," Review of Economic Studies 23, 101-8.
348. Sraffa, Piero (1960) Production of Commodities by Means of Commodities:Prelude to a Critique of Economic Theory, Cambridge: Cambridge University Press.
349. Steger, Thomas M. (2000) "Economic Growth with Subsistence Consumption," Journal of Development Economics 62, 343-61.
350. Stiglitz, Joseph E. (1969) "Distribution of Income and Wealth among Individuals," Econometrica 37(3), 382-97.
351. Stokey, Nancy (1988) "Learning-by-Doing and the Introduction of New Goods," Journal of Political Economy 96, 701-17.
352. Stokey, Nancy (1991a) "Human Capital, Product Quality, and Growth," Quarterly Journal of Economics 106, 587-616.
353. Stokey, Nancy (1991b) "The Volume and Composition of Trade between Rich and Poor Countries," Review of Economic Studies 58, 63-80.
354. Stokey, Nancy L., and Sergio Rebelo (1995) "Growth Effects of Flat-Rate-Taxes," Journal of Political Economy 103, 519-50.
355. Storesletten, Kjetil, Chris I. Telmer, and Amir Yaron (2004a) "Consumption and Risk Sharing over the Life Cycle," Journal of Monetary Economics 51, 609-33.
356. Storesletten, Kjetil, Chris I. Telmer, and Amir Yaron (2004b) "Cyclical Dynamics in Idiosyncratic Labor Market Risk," Journal of Political Economy 112(3), 695-717.
357. Tamura, Robert (1991) "Income Convergence in an Endogenous Growth Model," Journal of Political Economy 99, 522-54.
358. Topel, Robert H. (1986) "Efficient Labor Contracts with Employment Risk," Rand Journal of Economics 17(4), 490-507.
359. Tornell, Aaròn, and Andrés Velasco (1992) "The Tragedy of the Commons and Economic Growth: Why Does Capital Flow from Poor to Rich Countries?" Journal of Political Economy 100(6), 1208-31.
360. Uhlig, Harald, and Noriyuki Yanagawa (1996) "Increasing the Capital Income Tax May Lead to Faster Growth," European Economic Review 40, 1521-40.
361. Uzawa, Hirofumi (1968) "Time Preference, the Consumption Function, and Optimum Asset Holdings," in J. N. Wolfe (ed.), Value, Capital, and Growth:Papers in Honor of Sir John Hicks, Chicago: Aldine Publishing.
362. Wang, Neng (2003) "Caballero Meets Bewley: The Permanent-Income Hypothesis in General Equilibrium," American Economic Review 93, 927-36.
363. Weil, Philippe (1989) "Overlapping Families with Infinitely Lived Agents," Journal of Public Economics 38, 183-98.
364. Weiss, Matthias (2004) "Skill-Biased Technological Change: Is There Hope for the Unskilled?" mimeo, University of Mannheim.
365. Williamson, Jeffrey G. (1991) Inequality, Poverty, and History, Oxford: Basil Blackwell.
366. Wolff, Edward N. (1994) "Trends in Household Wealth in the United States, 1962-83 and 1983-89," Review of Income and Wealth 40(2), 74-143.
367. Wright, Randall (1996) "Taxes, Redistribution, and Growth," Journal of Public Economics 62(3), 327-38.
368. Young, Alwyn (1928) "Increasing Returns and Economic Progress," Economic Journal 38, 527-42.
369. Zeldes, Stephen P. (1989) "Optimal Consumption with Stochastic Income:Deviations from Certainty Equivalence," Quarterly Journal of Economics 104(2), 275-98.
370. Zilcha, Itzhak (2003) "Intergenerational Transfers, Production and Income Distribution," Journal of Public Economics 87, 489-513.
371. Zweimüller, Josef (1998) "Aggregate Demand, Non-Linear Engel-Curves, and R&D Investments," mimeo, University of Zurich.
372. Zweimüller, Josef (2000) "Schumpeterian Entrepreneurs Meet Engels Law: The Impact of Inequality on Innovation-Driven Growth," Journal of Economic Growth 5, 185-206.
373. Zweimüller, Josef, and Johann K. Brunner (2005) "Innovation and Growth with Rich and Poor Consumers," Metroeconomica, 56, 233-62.