Advanced Textbooks in Economics, Volume 4: Capital Theory and the Distribution of Income focuses on the interconnection of capital theory and the distribution of income, including marginal products, capital, interest rates, and price systems. The book first takes a look at production without capital, equilibrium, prices, and time, and semi-stationary growth, as well as the existence of constant-rate-of-interest price systems. The manuscript then discusses marginal products and capital and the Cambridge model. The text examines the aggregation of miscellaneous objects, production function, linear production model, and efficiency, production prices, and rates of return, as well as prices and efficiency for infinite developments. The manuscript also ponders on investment, structure of interest rates, and disputations. Discussions focus on sets and convex sets, concave functions, and linear and non-linear programming. The publication is a dependable source of data for economists and researchers interested in capital theory and the distribution of income.
This book summarizes the debates and issues around the theory of capital and brings to the fore the more recent developments.
This book summarizes the debates and issues around the theory of capital and brings to the fore the more recent developments.
An economic study of income distribution and employment.
This 1974 collection of six essays in economic theory represents a major contribution to the field.
The book examines in particular the laws which regulate the accumulation of inter-generational wealth and life-cycle savings in families or dynasties, both in a deterministic and stochastic context.
Specialized readers will go directly to the chapter dealing with the issue or using the approach they are interested in. For them, this Handbook will be a clear and sure reference.
The Distribution of Income Between Persons
A Theory of Income Distribution
Excerpt from The Distribution of Wealth: A Theory of Wages, Interest and Profits It is the purpose of this work to show that the distribution of the income of society is controlled by a natural law, and that this law, if it worked without ...
This book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa.