GROWTH AND INEQUALITY: THE ROLE OF POLITICAL ECONOMY
There is a broad debate in the economic literature about the relationship between growth and inequality. The objective of the work is to show how policy decisions affect the interrelationships between both variables but emphasizing the preferences of the agents and not the production function, as ha...
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| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2023 |
| País: | Perú |
| Institución: | Universidad de San Martín de Porres |
| Repositorio: | Revista Gobierno y Gestión Pública |
| Idioma: | español |
| OAI Identifier: | oai:revistas.usmp.edu.pe:article/2729 |
| Acceso en línea: | https://portalrevistas.aulavirtualusmp.pe/index.php/RevistaGobiernoyG/article/view/2729 |
| Access Level: | acceso abierto |
| Palabra clave: | Growth Inequality Preferences Externalities Economic policies Crecimiento Desigualdad Preferencias Externalidades Políticas económicas |
| Sumario: | There is a broad debate in the economic literature about the relationship between growth and inequality. The objective of the work is to show how policy decisions affect the interrelationships between both variables but emphasizing the preferences of the agents and not the production function, as has usually been treated in the literature. Therefore, in this paper we present a model that includes externalities on the consumption side, inquiring the impact of economic policies on growth and inequality, finding multiple equilibria with different dynamics. |
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