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The Capital Market and Income Distribution in Yugoslavia: A Theoretical and Empirical Analysis

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  • Jaroslav Vanek
  • Milena Jovicic

Abstract

I. The theoretical statement of the problem, 432. — II. Income, capital intensity, and the estimated rent of capital in Yugoslavia, 433. — III. Other factors affecting income distribution, 436. — IV. The likelihood of a downward bias of our estimator of price of capital, 439. — V. Conclusions and suggested further research, 440. — Appendix, 441.

Suggested Citation

  • Jaroslav Vanek & Milena Jovicic, 1975. "The Capital Market and Income Distribution in Yugoslavia: A Theoretical and Empirical Analysis," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 89(3), pages 432-443.
    • Handle: RePEc:oup:qjecon:v:89:y:1975:i:3:p:432-443.
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    Cited by:

    1. Leonard Kukić, 2018. "Socialist growth revisited: insights from Yugoslavia," European Review of Economic History, European Historical Economics Society, vol. 22(4), pages 403-429.
    2. Leonard Kukić, 2020. "Origins of regional divergence: economic growth in socialist Yugoslavia," Economic History Review, Economic History Society, vol. 73(4), pages 1097-1127, November.
    3. Massimo Cingolani, 2023. "Prospective analysis of the SME sector of the Western Balkans," PSL Quarterly Review, Economia civile, vol. 76(305), pages 121-154.

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