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Redistribution Spurs Growth by Using a Portfolio Effect on Risky Human Capital

We demonstrate by mathematical analysis and systematic computer simulations that redistribution can lead to sustainable growth in a society. In accordance with economic models of risky human capital, we assume that dynamics of human capital is modeled as a multiplicative stochastic process which, in...

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Detalles Bibliográficos
Autores principales: Lorenz, Jan, Paetzel, Fabian, Schweitzer, Frank
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2013
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3563654/
https://www.ncbi.nlm.nih.gov/pubmed/23390505
http://dx.doi.org/10.1371/journal.pone.0054904