search query: @indexterm INCOMES / total: 594
reference: 336 / 594
| Author: | Karni, E. Zilcha, I. |
| Title: | Technological progress and income inequality |
| Journal: | Economic Theory
1995 : VOL. 5:2, p. 277-294 |
| Index terms: | INCOMES INEQUALITY TECHNOLOGY |
| Language: | eng |
| Abstract: | This paper examines the effects of Hicks-neutral, Harrod-neutral, and Solow-neutral technological improvements on the distribution of income in an overlapping generations economy with endogenous labor supply and a bequest motive. Income inequality in this model is generated by a stochastic process representing random variations in intergenerational transfers and pure luck. |
SCIMA