BORISSOV, Kirill; LAMBRECHT, Stéphane - Center for Operations Research and Econometrics (CORE), … - 2007
This paper combines two strands of the literature on inequality and distribution issues: the classical approach, which … approach, which considers that inequality inflicts direct and indirect costs to economic development. An endogenous … economic inequality through the following two channels. On the one hand, it is positively related to the individual consumer …