Title: Efficient dynamic allocations in economies with private information.
Abstract: Economic agents often decide on how much wealth to spend today and how much wealth to save for the future. Firms' managers decide on splitting profits between dividends and salaries, or investment. Similar decisions are made in financial markets. With different tastes for monetary expenditure, inequality among agents may increase over time. We aim to compare market equilibria with the solution of a beneficial social planner; and identify the causes of additional inefficiency, and of additional inequality, created by the markets. We aim to propose policy interventions to counter those causes.