Getachew, Y.Y. (2012) 'Distributional effects of public policy choices.', Economics letters., 115 (1). pp. 56-59.
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 heterogeneous households and incomplete capital market.
|Keywords:||Public investment, Investment subsidy, Inequality dynamics, Elasticity of substitution, Incomplete credit market.|
|Full text:||Full text not available from this repository.|
|Publisher Web site:||https://doi.org/10.1016/j.econlet.2011.11.023|
|Record Created:||10 Jan 2012 10:50|
|Last Modified:||31 Jul 2017 16:28|
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