Income Distribution, Capital Accumulation and Growth
Journal article; Challenge, Vol. 41, 1998
Subjects:
Collections:
Entire Library
...pronounced in economies where a given income inequality is associated with relatively high average-per-capita incomes and a relatively low level of poverty...the relation between savings and the incomes of rich and poor, an approach different...focuses on the functional distribution of income, that is, between rents, profits...not so much on the distribution of income as on the way the rich dispose of their incomes. Inequality can be tolerated if it...