Andrews, Dan; Jencks, Christopher; Leigh, Andrew - Institute for the Study of Labor (IZA) - 2010
Pooling data for 1905 to 2000, we find no systematic relationship between top income shares and economic growth in a … top decile's income share is associated with a statistically significant 0.12 point rise in GDP growth during the … for the cumulative positive effect of faster growth on the mean income of the bottom nine deciles to offset the negative …