Getachew, Yoseph (2012) 'Distributional effects of public policy choices.', Working Paper. Durham University, Durham.
This 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.
|Item Type:||Monograph (Working Paper)|
|Keywords:||Public investment, Investment subsidy, Inequality dynamics, Elasticity of substitution, Incomplete credit market. JEL classifcation: D3 E6 O4.|
|Full text:||PDF - Published Version (109Kb)|
|Publisher Web site:||http://www.dur.ac.uk/business/faculty/working-papers/|
|Record Created:||07 Dec 2012 10:36|
|Last Modified:||07 Dec 2012 12:26|
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