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dc.contributor.authorDasgupta, Indraneel
dc.contributor.authorKanbur, Ravi
dc.date.accessioned2018-08-21T17:09:19Z
dc.date.available2018-08-21T17:09:19Z
dc.date.issued2002-06
dc.identifier.urihttps://hdl.handle.net/1813/57739
dc.descriptionWP 2002-16 June 2002
dc.descriptionJEL Classification Codes: D31; D63; D74; Z13
dc.description.abstractWe develop an integrated, general equilibrium, model of how the presence of vertical ties of ‘community’ between sections of workers and sections of capitalists can critically affect the distribution of income between capitalists as a class and workers as a class, as well as between workers belonging to different communities. We show that an exogenous increase in the incomes of capitalists sets in motion community and market processes that subsequently (a) further increase capitalists’ incomes, (b) can reduce workers’ earnings as well as welfare, and (c) systematically influence earnings differentials between workers belonging to different communities.
dc.language.isoen_US
dc.publisherCharles H. Dyson School of Applied Economics and Management, Cornell University
dc.subjectCommunity
dc.subjectClass
dc.subjectPublic Goods
dc.subjectIncome Distribution
dc.titleHow Workers Get Poor Because Capitalists Get Rich: A General Equilibrium Model of Labor Supply, Community, and the Class Distribution of Income
dc.typearticle
dcterms.licensehttp://hdl.handle.net/1813/57595


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  • Dyson School Working Papers
    Working Papers published by the Charles H. Dyson School of Applied Economics and Management, Cornell University

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