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population, slower productivity growth in the private sector, low employment rates, and various types of disincentive effects …
Persistent link: https://www.econbiz.de/10005645441
Can income equality be combined with high economic efficiency and rapid economic growth? Fortunately, we need not to answer such a general question. Indeed, the question is poorly phrased. The relationship between income and wealth distribution, on one hand, and efficiency/growth, on the other,...
Persistent link: https://www.econbiz.de/10010699977