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- Blog Post: TheAlephBlog: On PB-ROE
- Blog Post: TheFinancialServicesClub: The Finanser's Week: 15th October - 21st October 2012
- Published / Preprint: Redistribution spurs growth by using a portfolio effect on human capital
Blog Post: TheAlephBlog: On PB-ROE Posted: 21 Oct 2012 01:40 AM PDT |
Blog Post: TheFinancialServicesClub: The Finanser's Week: 15th October - 21st October 2012 Posted: 21 Oct 2012 01:16 AM PDT |
Published / Preprint: Redistribution spurs growth by using a portfolio effect on human capital Posted: 20 Oct 2012 08:28 AM PDT We demonstrate by mathematical analysis and systematic computer simulations that redistribution can lead to sustainable growth in a society. The human capital dynamics of each agent is described by a stochastic multiplicative process which, in the long run, leads to the destruction of individual human capital and the extinction of the individualistic society. When agents are linked by... Visit MoneyScience for the Complete Article. |
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