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Social classes, growth and primitive accumulation : some marxian views in a neoclasssical framework

Jacques, Jean-François; Rebeyrol, Antoine (2005-01), Social classes, growth and primitive accumulation : some marxian views in a neoclasssical framework. https://basepub.dauphine.fr/handle/123456789/4093

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Type
Document de travail / Working paper
Date
2005-01
Publisher
Université Paris-Dauphine
Series title
Cahiers de recherche / EURISCO
Series number
2005-06
Published in
Paris
Pages
14
Metadata
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Author(s)
Jacques, Jean-François
Rebeyrol, Antoine
Abstract (EN)
We show, in contrast with Stiglitz, that an inegalitarian long run equi- librium can emerge in a Solow growth model framework, with linear consumption function. We then interpret this result in line with marxian economics. We extend the results by incorporating some features of the Pasinetti-Samuelson-Modigliani model, and provide an example of possible microfoundations.
Subjects / Keywords
Growth; Wealth inequalities; Primitive accumulation
JEL
O40 - General
E25 - Aggregate Factor Income Distribution
B50 - General