We study how the allocation of government expenditures between two major outlays -- education and pay-as-you-go social security -- affects income distribution in an economy with heterogeneous agents.
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Paper provided by Michigan State - Econometrics and Economic Theory in its series Papers with number
9901.
Length: 36 pages Date of creation: 1999 Date of revision: Handle: RePEc:fth:mistet:9901
Contact details of provider: Postal: MICHIGAN STATE UNIVERSITY, DEPARTMENT OF ECONOMICS, EAST LANSING MICHIGAN 48824 U.S.A. Phone: 517.355.7583 Fax: 517.432.1068 Web page: http://www.msu.edu/~ec/ More information through EDIRC
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Find related papers by JEL classification: H50 - Public Economics - - National Government Expenditures and Related Policies - - - General D90 - Microeconomics - - Intertemporal Choice and Growth - - - General O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
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