Dynamic Models and Inequality The Role of the Market Mechanism in Ec
This book examines empirical and theoretical research on economic inequality from the perspective of dynamic models. By using advanced mathematical tools, it reveals fundamental market dynamics and underlines the role of subsistence constraints and compet
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Robin Maialeh
Dynamic Models and Inequality The Role of the Market Mechanism in Economic Distribution
Contributions to Economics
The series Contributions to Economics provides an outlet for innovative research in all areas of economics. Books published in the series are primarily monographs and multiple author works that present new research results on a clearly defined topic, but contributed volumes and conference proceedings are also considered. All books are published in print and ebook and disseminated and promoted globally. The series and the volumes published in it are indexed by Scopus and ISI (selected volumes).
More information about this series at http://www.springer.com/series/1262
Robin Maialeh
Dynamic Models and Inequality The Role of the Market Mechanism in Economic Distribution
Robin Maialeh Department of Economics, Faculty of Economics University of Economics Prague, Czech Republic Unicorn Research Centre Prague, Czech Republic
ISSN 1431-1933 ISSN 2197-7178 (electronic) Contributions to Economics ISBN 978-3-030-46312-0 ISBN 978-3-030-46313-7 (eBook) https://doi.org/10.1007/978-3-030-46313-7 © Springer Nature Switzerland AG 2020 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors, and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Switzerland AG. The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Contents
1
Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . References . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1 4
2
Contemporary Economics and Inequality . . . . . . . . . . . . . . . . . . . . 2.1 Introduction to Inequality: Concepts, Methods and Data . . . . . . . 2.2 Measuring Inequality . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.3 Production Process: Attributes and
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