INCOME DISTRIBUTION AND PATTERN OF SPECIALIZATION IN OPEN ECONOMIES

Dynamic evolution of income distribution and credit-constrained human capital investment in open economies

This paper shows how the degree of credit-market imperfections affects the steady-state distributions of income and wealth, human capital investment, and the pattern of comparative advantage. The impact of trade liberalization on the accumulation of human capital depends on how it affects (1) the incentives to accumulate human capital, (2) the borrowing constraints facing human capital accumula...

Specialization of Labor and the Distribution of Income

We analyze a model in which workers must be allocated to tasks to produce. There are differences among the workers in absolute ability that are independent of the activity they perform. We demonstrate a unique competitive equilibrium that determines both wages and the allocation of workers to tasks. The equilibrium wage has the property that workers assigned to the lowest ‘‘value-added’’ tasks ...

Can Capital Income Taxes Survive in an Open Economies ?

coordination of protective schemes in distribution and subtransmission systems including distributed generation

نصب منابع پراکنده در سیستم های توزیع و فوق توزیع علاوه بر مزیت های فراوان، مشکلاتی را هم به همراه دارد. یکی از این مشکلات تأثیر این منابع روی اندازه جریان های اتصال کوتاه است. به طور معمول از حفاظت های مبتنی بر اصل جریان زیاد در سیستم های توزیع و فوق توزیع استفاده می شود. از مهمترین طرح های حفاظتی استفاده شده در فیدرهای توزیع، حفاظت فیوز- ریکلوزر است. همچنین از طرح های حفاظتی جریان زیاد جهتی در...

The pattern of income distribution and wealth from the perspective of the Holy Quran

Abstract An optimal pattern is expected to simplify complex phenomena on a small scale. The pattern of income distribution and wealth from the perspective of the Holy Quran to the systematic set of foundations and infrastructures (such as the true ownership of God (his will) on existence, the substitution of man and the trustworthiness of property in his hands); goals (spirituality, justice ...