Credit Markets and the Distribution of Income

This book is a theoretical and mathematical survey of the effects of credit constraints on individual and, by extension, general economic welfare. The book observes the impact of credit constraints over generations and deals with questions of dynastic wealth and poverty. The model constructed in the book explains why polarization between wealth and poverty exists and persists. Key Features * Covers a wealth of topics * Features a topic with worldwide appeal * Outlines diverse, widespread, and enduring consequences of credit constraintsShah, Anup is the author of 'Credit Markets and the Distribution of Income' with ISBN 9780126381306 and ISBN 0126381305.