Informality and inequality dynamics in a two-sector Ramsey-type growth model

dc.contributorGraduate Program in Economics.
dc.contributor.advisorKoyuncu, Murat.
dc.contributor.authorKaba, Mustafa.
dc.date.accessioned2023-03-16T12:00:06Z
dc.date.available2023-03-16T12:00:06Z
dc.date.issued2016.
dc.description.abstractThis thesis develops a two-sector Ramsey type growth model with heterogeneous agents differing in terms of their initial endowment of capital. The informality level and income/wealth distributions are generated endogenously in the model, given the tax rates for capital and labor, and tax enforcement rate. We aim to investigate the effect of informality on wealth and income inequality dynamics. We find that economies with higher informality level end up with lower capital stock and less inequality. We also introduce a skill heterogeneity to this model and investigate the effects of skill heterogeneity under different informality levels.
dc.format.extent30 cm.
dc.format.pagesix, 59 leaves ;
dc.identifier.otherEC 2016 K33
dc.identifier.urihttps://digitalarchive.library.bogazici.edu.tr/handle/123456789/16285
dc.publisherThesis (M.A.) - Bogazici University. Institute for Graduate Studies in the Social Sciences, 2016.
dc.subject.lcshRamsey theory.
dc.subject.lcshEconomic development.
dc.titleInformality and inequality dynamics in a two-sector Ramsey-type growth model

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