001479394 000__ 05071nam\a22008655i\4500 001479394 001__ 1479394 001479394 003__ DE-B1597 001479394 005__ 20231026035024.0 001479394 006__ m\\\\\o\\d\\\\\\\\ 001479394 007__ cr\un\nnnunnun 001479394 008__ 221201t20092009mau\\\\\o\\d\z\\\\\\eng\d 001479394 020__ $$a9780674275348 001479394 0247_ $$a10.4159/9780674275348$$2doi 001479394 035__ $$a(DE-B1597)617424 001479394 035__ $$a(OCoLC)1294425535 001479394 040__ $$aDE-B1597$$beng$$cDE-B1597$$erda 001479394 0410_ $$aeng 001479394 044__ $$amau$$cUS-MA 001479394 072_7 $$aBUS038000$$2bisacsh 001479394 08204 $$a330.1 001479394 1001_ $$aMichl, Thomas R., $$eauthor.$$4aut$$4http://id.loc.gov/vocabulary/relators/aut 001479394 24510 $$aCapitalists, Workers, and Fiscal Policy :$$bA Classical Model of Growth and Distribution /$$cThomas R. Michl. 001479394 264_1 $$aCambridge, MA : $$bHarvard University Press, $$c[2009] 001479394 264_4 $$c©2009 001479394 300__ $$a1 online resource (320 p.) 001479394 336__ $$atext$$btxt$$2rdacontent 001479394 337__ $$acomputer$$bc$$2rdamedia 001479394 338__ $$aonline resource$$bcr$$2rdacarrier 001479394 347__ $$atext file$$bPDF$$2rda 001479394 50500 $$tFrontmatter -- $$tContents -- $$tList of Figures -- $$tList of Tables -- $$tPreface -- $$tMain Symbols -- $$tPart I. From the Short Run to the Long -- $$t1 Introduction: Toward a Classical Growth Model -- $$t2 The Nature of the Long Run -- $$tPart II. Long-run Models of Fiscal Policy -- $$t3 A Two-Class Model -- $$t4 Saving and the Class Structure -- $$t5 Debt and Endogenous Growth -- $$t6 Debt and Exogenous Growth -- $$t7 Pensions and Endogenous Growth -- $$t8 Pensions and Exogenous Growth -- $$t9 Optimal Policy -- $$tPart III. Technical Change and the Production Function -- $$t10 Fossil Production Function: Theory -- $$t11 Fossil Production Function: Evidence -- $$tPart IV. Summary -- $$t12 Fiscal Policy Reconsidered -- $$tReferences -- $$tAuthor Index -- $$tSubject Index 001479394 506__ $$aAccess limited to authorized users. 001479394 520__ $$aDrawing on the work of the classical-Marxian economists and their modern successors, Capitalists, Workers, and Fiscal Policy sets forth a new model of economic growth and distribution, and applies it to two major policy issues: public debt and social security. The book homes in specifically on the problem of fiscal policy, examining the ways that taxation and government spending affect the distribution of wealth and income as well as the rate of economic growth. Thomas Michl's model shows that public debt has a regressive effect on wealth distribution. It also demonstrates that the accumulation of wealth by public authorities, for example, in the form of a pension reserve such as the U.S. social security trust fund, can have a progressive effect on wealth distribution, both directly (since it represents ownership by the citizenry) and indirectly through its general equilibrium effects on the structure of accumulation. The book's findings provide an analytical foundation for a macroeconomic policy of using fiscal surpluses to accumulate a public pension reserve fund that serves to effect a progressive redistribution of wealth. 001479394 538__ $$aMode of access: Internet via World Wide Web. 001479394 546__ $$aIn English. 001479394 5880_ $$aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 01. Dez 2022) 001479394 650_0 $$aEconomic development. 001479394 650_0 $$aFiscal policy. 001479394 650_0 $$aIncome distribution. 001479394 650_7 $$aBUSINESS & ECONOMICS / Labor.$$2bisacsh 001479394 655_0 $$aElectronic books 001479394 77308 $$iTitle is part of eBook package:$$dDe Gruyter$$tHUP eBook Package Archive 1893-1999$$z9783110442212 001479394 77308 $$iTitle is part of eBook package:$$dDe Gruyter$$tHarvard University Press eBook Package Backlist 2000-2013$$z9783110442205 001479394 852__ $$bebk 001479394 85640 $$3De Gruyter$$uhttps://univsouthin.idm.oclc.org/login?url=https://www.degruyter.com/isbn/9780674275348$$zOnline Access 001479394 909CO $$ooai:library.usi.edu:1479394$$pGLOBAL_SET 001479394 912__ $$a978-3-11-044220-5 Harvard University Press eBook Package Backlist 2000-2013$$c2000$$d2013 001479394 912__ $$a978-3-11-044221-2 HUP eBook Package Archive 1893-1999$$c1893$$d1999 001479394 912__ $$aEBA_BACKALL 001479394 912__ $$aEBA_CL_LAEC 001479394 912__ $$aEBA_EBACKALL 001479394 912__ $$aEBA_EBKALL 001479394 912__ $$aEBA_ECL_LAEC 001479394 912__ $$aEBA_EEBKALL 001479394 912__ $$aEBA_ESSHALL 001479394 912__ $$aEBA_ESTMALL 001479394 912__ $$aEBA_PPALL 001479394 912__ $$aEBA_SSHALL 001479394 912__ $$aEBA_STMALL 001479394 912__ $$aGBV-deGruyter-alles 001479394 912__ $$aPDA11SSHE 001479394 912__ $$aPDA12STME 001479394 912__ $$aPDA13ENGE 001479394 912__ $$aPDA17SSHEE 001479394 912__ $$aPDA18STMEE 001479394 912__ $$aPDA5EBK 001479394 980__ $$aBIB 001479394 980__ $$aEBOOK 001479394 982__ $$aEbook 001479394 983__ $$aOnline