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• W1972206231 abstract "Early efforts to endogenize consumption and hence to model the inter-relationships between production structures and income distribution via multiplier models are reviewed in this paper. It is suggested that, unlike the multipliers in Pyatt et al. (1973), the so-called Miyazawa multipliers cannot be sustained in the context of a model of the distribution of income among institutions (households, companies, etc) i.e. the institutional distribution of income. They can, however, be sustained within a model of the distribution of income among factors, i.e. the factorial distribution of income. Both distributions are modelled by Pyatt & Round (1979) which therefore provides a more general framework for analysing the relationship between the distribution of income and the structure of production." @default.
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• W1972206231 date "2001-06-01" @default.
• W1972206231 modified "2023-09-30" @default.
• W1972206231 title "Some Early Multiplier Models of the Relationship between Income Distribution and Production Structure" @default.
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• W1972206231 doi "https://doi.org/10.1080/09537320120052434" @default.
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