Titlebook: Economic Growth with Income and Wealth Distribution; Wei-Bin Zhang Book 2006 Palgrave Macmillan, a division of Macmillan Publishers Limite

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Evaluating Biomedical Research,endogenous wealth accumulation, population growth, and knowledge creation and utilization into this structurally beautiful system. As pointed out in Chapter 1, the traditional growth theories are not effective in analyzing economic systems with heterogeneous households and economic structures. The p

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https://doi.org/10.1007/978-3-319-18524-8 book addresses some important aspects of economic growth with income and wealth distribution, mainly under perfect competition, but neglects many others. For instance, population, resources and environment are essential determinants of economic growth. We almost omit them on purpose because a prope

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Growth with Heterogeneous Households,One dominant view on the interplay between growth and inequality holds that income inequality promotes saving and therefore promotes development. This opinion is closely related to the view that saving is the engine of growth. Lewis (1954: 156–57) expounds this view as follows:

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https://doi.org/10.1057/9780230506336economic growth; economic system; growth

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Palgrave Macmillan, a division of Macmillan Publishers Limited 2006