Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: http://hdl.handle.net/10419/184767
Autoren: 
Dutt, Amitava Krishna
Veneziani, Roberto
Datum: 
2017
Reihe/Nr.: 
Working Paper 816
Zusammenfassung: 
A simple classical-Marxian model of growth and distribution is developed in which education transforms low-skilled workers into high-skilled ones and in which high-skilled workers save and hold capital, therefore receiving both high-skilled wages and profit income. We analyze the implications for class divisions, growth and distribution, of the transformation of the modern capitalist economy from one in which the main class division is between capitalists who own capital and workers who only receive wage income into one in which education and human capital play a major role. We show than an expansion in education can have a positive effect on growth but by altering the distribution of income rather than by fostering technological change, and that it yields some changes in income distribution and the class structure of the capitalist economy, but need not alter its fundamental features.
Schlagwörter: 
Education
Human capital
Workers' savings
Growth
Distribution
JEL: 
E2
E11
O41
I24
Dokumentart: 
Working Paper
Nennungen in sozialen Medien:

Datei(en):
Datei
Größe
846.99 kB





Publikationen in EconStor sind urheberrechtlich geschützt.