This paper provides evidence of the changing attitudes to inequality during transition to the market in Poland. Using … repeated cross-sections of the population, it identifies a structural break in the relationship between income inequality and … satisfaction. Whereas in the first stage of the transition process, an increase in income inequality was interpreted by the …

of worker. Our analysis reveals that the effects of a liberalization on human capital accumulation, income and inequality … 20 percent in the short-run, and by more than 55 percent after 50 years. The world average index of inequality decreases … identifying assumptions. We also analyze partial liberalization shocks: effi ciency and inequality e¤ects are roughly proportional …

aggregate relations. This paper establishes a bridge between the aggregation and the inequality and growth literature by …, implying that increases in income inequality may be unambiguously associated with temporary increases in a country’s growth …-run effects of income inequality may suffer from aggregation bias if the temporary effects of the MLD changes are not considered …

The effect of initial income inequality on growth is the subject of a large literature. We show, both analytically and … with simulation experiments, that the same level of initial income inequality can be associated with very different income … developments, depending on the source of the inequality. We consider three sources: differences in asset ownership, in productivity …