Income Distribution in a Corporate Economy (New Directions in Modern Economics Series)

Income Distribution in a Corporate Economy (New Directions in Modern Economics Series) by Russell Rimmer

ISBN10: 1852786957
ISBN13: 978-1852786953
Author: Russell Rimmer
Title: Income Distribution in a Corporate Economy (New Directions in Modern Economics Series)
Publisher: Edward Elgar Pub (June 1, 1993)
Language: English
Size ePub: 1526 kb
Size PDF: 1544 kb
Rating: 4.0/5
Votes: 426
Pages:
Subcategory: Business & Finance

Income Distribution in a Corporate Economy (New Directions in Modern Economics Series) by Russell Rimmer



Income Distribution in a Corporate Economy offers a skilful examination of the influences of financial markets and imperfect competition on the distributive process. Unlike much of the earlier literature, it concentrates upon the short-run, making it suitable for empirical appraisal. After a thorough review of the theoretical and empirical literature of the past 30 years, Russell Rimmer uses a series of models to synthesize results from post Keynesian macroeconomics, investment theory and industrial economics. The final chapters contain an analysis of the short-run effects of changes in pricing strategies and increases in industrial concentration on income shares accruing to households and corporations. By presenting in one place the neo-classical and post Keynesian approaches, the book will serve both as a text and a foundation for future work on distribution. Students new to income distribution will be able to read the text as an introduction to the neoclassical and post Keynesian approaches. A novel contribution is the gathering together of early extensions of post Keynesian theory to the short run, including accounts of attempts to synthesise the major theoretical strands.

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