Distributional effects of public policy choices
AbstractThis 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 heterogenous households and incomplete capital market.
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Bibliographic InfoPaper provided by Durham University Business School in its series Working Papers with number 2012_04.
Date of creation: 26 Feb 2012
Date of revision:
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Public investment; investment subsidy; inequality dynamics; elasticity of substitution; incomplete credit market;
Other versions of this item:
- D3 - Microeconomics - - Distribution
- E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-03-08 (All new papers)
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