منابع مشابه
Piketty in the long run.
I examine the idea of 'the long run' in Piketty (2014) and related works. In contrast to simplistic interpretations of long-run models of income- and wealth-distribution Piketty (2014) draws on a rich economic analysis that models the intra- and inter-generational processes that underly the development of the wealth distribution. These processes inevitably involve both market and non-market mec...
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This study is to investigate the short- and long-run causal relationship between agglomeration (localization and urbanization) economies and labor productivity in the manufacturing sector of 28 Iranian provinces over an 11-year period, 2001–2011. Fully Modified Ordinary Least Squares (FMOLS) method was used to estimate our long-run panel data model. The empirical findings suggested that localiz...
متن کاملThe Piketty Transition
We study the effects on inequality of a ”Piketty transition” to zero growth. In a model with a worker-capitalist dichotomy, we show that the relationship between inequality (measured as a ratio of incomes for the two types) and growth is complicated; zero growth can raise or lower inequality, depending on parameters. In particular, the elasticity of substitution between capital and labor in pro...
متن کاملA Nonlinear Model to Maximize Profit of Hydropower Plants in the Long-Run
The problem of hydropower plant profit maximization includes simultaneous programming of optimal utilization of water resources and participation in the power market. The present research was performed on a chain of hydropower plants within the Karoon river basin in Khuzestan Province (Iran) (i.e. Karoon 3, Karoon 1, and Masjid Soleyman hydropower plants). In this research nonlinear programmi...
متن کاملInvestigating the Short- run and Long-run Causality Relationship between the Exchange Rate Regime and the Real Exchange Rate Misalignment in the OPEC Countries
Real exchange rate misalignment means that the real exchange rate deviates from its equilibrium level and is the cause of many domestic and global economic problems. This index is considered as an important indicator in foreign competition and in case of adopting an inappropriate exchange rate regime; it may create economic instability and affect economic performance. This issue is important in...
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ژورنال
عنوان ژورنال: The British Journal of Sociology
سال: 2014
ISSN: 0007-1315
DOI: 10.1111/1468-4446.12108