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correlated with faster and more durable growth, for a given level of redistribution. 3. Redistribution appears generally benign … on growth. Thus the combined direct and indirect effects of redistribution – including the growth effects of the … between redistribution and growth. The best available macroeconomic data do not support that conclusion …
Persistent link: https://www.econbiz.de/10014144640
previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective of the … best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut economic growth … between redistribution and growth. The best available macroeconomic data do not support such a conclusion …
Persistent link: https://www.econbiz.de/10014411129
A model of endogenous growth is presented, based on productive public expenditures, and featuring some degree of income inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital taxation that relies, both on voting and on "influence...
Persistent link: https://www.econbiz.de/10014461501
An influential paper by Berg et al., 'Redistribution, inequality, and growth: new evidence', uses the SWIID data to … examine the impact of inequality and redistribution on growth in both developing and developed countries. It finds that while … inequality is harmful for growth, redistribution does not hamper growth. This comment demonstrates that the redistribution and …
Persistent link: https://www.econbiz.de/10012299793
Persistent link: https://www.econbiz.de/10014314121
Persistent link: https://www.econbiz.de/10014433515
addition to the inequality-growth relationship, we examine the direct influence of effective redistribution. When net … inequality is held constant, public redistribution negatively affects economic growth. Redistribution hampers investment and … net inequality, the overall impact of redistribution is insignificant. Whereas this result stems mainly from advanced …
Persistent link: https://www.econbiz.de/10011309192
Persistent link: https://www.econbiz.de/10011373203
-percentile consumption diagnostics that could inform redistribution policies. The proposed framework is illustrated in application to Iraq …
Persistent link: https://www.econbiz.de/10012836529
We investigate how the reduction of income inequality through tax policy affects economic growth. Taxation at different points of the income distribution has heterogeneous impacts on households' incentives to work, invest, and consume. Using U.S. state-level data and micro-level household tax...
Persistent link: https://www.econbiz.de/10012971870