Read Lucas vs. Lucas: On Inequality and Growth

Lucas vs. Lucas: On Inequality and Growth

Juan Carlos Carlos Cordoba

4.9/5 (17979 ratings)

Description:Lucas (2004) asserts that "Of the tendencies that are harmful to sound economics, the most seductive, and in my opinion the most poisonous, is to focus on questions of distribution... The potential for improving the lives of poor people by finding different ways of distributing current production is nothing compared to the apparently limitless potential of increasing production." In this paper we evaluate this claim using an extended version of Lucas' (1987) welfare-evaluation framework. Surprisingly, we find that the welfare costs of inequality outweigh the benefits of growth in most cases. These calculations support the case for a research agenda that treats not only growth but also inequality as a priority.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Lucas vs. Lucas: On Inequality and Growth. To get started finding Lucas vs. Lucas: On Inequality and Growth, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Pages: 41

Format: PDF, EPUB & Kindle Edition

Publisher: Not Avail

Release: 2007

ISBN: 6613824038

Description: Lucas (2004) asserts that "Of the tendencies that are harmful to sound economics, the most seductive, and in my opinion the most poisonous, is to focus on questions of distribution... The potential for improving the lives of poor people by finding different ways of distributing current production is nothing compared to the apparently limitless potential of increasing production." In this paper we evaluate this claim using an extended version of Lucas' (1987) welfare-evaluation framework. Surprisingly, we find that the welfare costs of inequality outweigh the benefits of growth in most cases. These calculations support the case for a research agenda that treats not only growth but also inequality as a priority.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Lucas vs. Lucas: On Inequality and Growth. To get started finding Lucas vs. Lucas: On Inequality and Growth, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Special Offer | $0.00

Special Offer! | $0.00

Lucas vs. Lucas: On Inequality and Growth

Lucas vs. Lucas: On Inequality and Growth

More Books

NI PIES NI CABEZA: UNA NOVELA DE PICOLETOS SOBRE EL PATRIOTISMO Y LAS DISTINTAS FORMAS DE LIARSE UN PORRO (Spanish Edition)

NI PIES NI CABEZA: UNA NOVELA DE PICOLETOS SOBRE EL PATRIOTISMO Y LAS DISTINTAS FORMAS DE LIARSE UN PORRO (Spanish Edition)

F#: Programación Funcional para .NET (Spanish Edition)

F#: Programación Funcional para .NET (Spanish Edition)

Desarrollo de aplicaciones enriquecidas multiplataforma: con JavaFX (Spanish Edition)

Desarrollo de aplicaciones enriquecidas multiplataforma: con JavaFX (Spanish Edition)

Planos arquitectónicos de software (Spanish Edition)

Planos arquitectónicos de software (Spanish Edition)

Calciatori Colombiani: Carlos Valderrama, Mario Yepes, Ivan Cordoba, Faustino Asprilla, Alfredo Di Stefano, Juan Camilo Zuniga

Calciatori Colombiani: Carlos Valderrama, Mario Yepes, Ivan Cordoba, Faustino Asprilla, Alfredo Di Stefano, Juan Camilo Zuniga

Cordoba Club de Futbol: Entrenadores del Cordoba Club de Futbol, Futbolistas del Cordoba Club de Futbol, Vicente del Bosque, Juan Carlos Mandia

Cordoba Club de Futbol: Entrenadores del Cordoba Club de Futbol, Futbolistas del Cordoba Club de Futbol, Vicente del Bosque, Juan Carlos Mandia

Calciatori Della Nazionale Colombiana: Carlos Valderrama, Mario Yepes, Ivan Cordoba, Faustino Asprilla, Alfredo Di Stefano, Juan Camilo Zuniga

Calciatori Della Nazionale Colombiana: Carlos Valderrama, Mario Yepes, Ivan Cordoba, Faustino Asprilla, Alfredo Di Stefano, Juan Camilo Zuniga

Historia Universal de la Edad Media

Historia Universal de la Edad Media