POLICY INTERVENTION AND THE TRADE - OFF BETWEEN GROWTH AND FUNCTIONAL DISTRIBUTION OF INCOME

In opposition to the dominant view that treats growth and distribution as conflicting goals, one can counterargument with the claims of some scope for complementarities among them This paper constructs a model intended to demonstrate that if tax policy is manipulated to ensure that a higher saving ratio is compatible with a greater workers' share in income, a reduction in the degree of distributional inequality can be consistent with faster growth. We are concerned only with the functional distributions of income and the structural form of our model is based on some relevant features of the contributions associated with post-Keynesians economists.Formulamos um modelo pós-Keynesiano que busca reduzir o conflito entre crescimento e distribuição funcional da renda. Mostramos que se a política fiscal pode ser manipulada de modo a assegurar que a taxa de poupança varie inversamente com a participação dos capitalistas na renda, uma redução no grau de desigualdade distributiva pode ser consistente com uma maior taxa de crescimento