Income Distribution and Growth uunder a Synthesis Model of Endogenous and Neoclassical Growth

Executive Summary

1. Introduction

2. Benchmark Model
2.1 Preferences
2.2 Production and Learning Technology
2.3 Entrepreneur
2.4 Worker
2.5 Occupational Choice
2.6 Competitive Equilibrium
2.7 Accumulation Thresholds

3. Two Regimes of Growth Paths
3.1 Endogenous Growth Regime
3.2 Neoclassical Growth Regime
3.3 Tax Policies for Regime Change