Working Papers

"Capital Immobility and the Distribution of Income"

Author
Joseph Ramos
Abstract

Abstract

This paper analyzes the distributional effects of alterations in the allocation of resources, using a rigorous microeconomic methodology. The author develops models to examine the distribution of losses in overall income resulting from varying degrees of immobility in the capital market, and explores the relation between these losses and the original distribution of factor ownership.
Resumen

En este trabajo se analiza los efectos distribucionales de los cambios en la distribución de recursos, utilizando una rigurosa metodología micro-económica. El autor usa modelos matemáticos para examinar la distribución de las pérdidas en el ingreso total que resultan de varios grados de inmovilidad en el mercado de capitales, además explora la relación entre estas pérdidas y la distribución original de la propiedad de los factores.

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Simona BerettaMatt BloomCatherine BoltenPaolo G. CarozzaSéverine DeneulinRev. Robert Dowd, CSCDeirdre GuthrieBeth Simpson HlabseDavid HollenbachPaul PerrinSteve ReifenbergIlaria Schnyder von WartenseeClemens SedmakCarolyn WooBruce Wydick

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