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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Growth and Distribution,tion sustainable? Will globalization and technological progress enlarge or reduce inequalities among nations, regions, or individuals? One may ask many similar questions related to growth and income and wealth distribution.

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Multi-Region Growth Economies,convergence of income is not empirically confirmed in general. As shown before, the traditional neoclassical growth theory does not have a proper behavioral mechanism for the behavior of households. This is perhaps the main reason that the neoclassical growth theory has been almost silent on spatial issues of economic growth.

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Multiple Sectors and Heterogeneous Households,revious chapter studied one-sector group models of heterogeneous groups. It is a natural step to combine the main ideas of the previous two chapters to examine economic dynamics with multiple sectors and heterogeneous households. This chapter examines multi-sector growth models with homogeneous population.

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Simultaneous Internal and External Balance,approach to economic growth and development with income and wealth distribution. The main deviation from traditional approaches is the introduction of an alternative approach to modeling consumer behavior. As observed by Frederick et al. (2002: 383–84)

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Growth and Distribution,te growth rates across nations, regions, or groups of people have led to differences in welfare and happiness. Does more equal distribution of income and wealth encourage national economic growth? What role does the public education or other public expenditures play in the relationship between inequ

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One-Sector Growth (OSG) Economies with Capital Accumulation,wth with income and wealth distribution by proposing an alternative approach to consumers. This chapter introduces the basic model in our alternative approach to economic growth and development with income and wealth distribution. The main deviation from traditional approaches is the introduction of