Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be … Surveys, to revisit the question of whether inequality is associated with economic growth and, in particular, to examine … whether inequality of opportunity – driven by circumstances at birth - has a negative effect on subsequent growth. Results are …

distribution in a long run perspective. The second one focuses on the inverse causality between inequality and growth. This paper … aims at reviewing this second view about the effects of initial inequality of income and wealth on future growth rate. The … theoretical literature suggests several channels through which inequality might be harmful for growth, namely three economic …

Theoretical and empirical studies exploring the effects of income inequality upon growth reach a disappointing … inconclusive result. This paper postulates that one reason for this ambiguity is that income inequality is actually a composite … measure of at least two different sorts of inequality: inequality of opportunity and inequality of returns to effort. These …

In this paper we argue that a better understanding of the relationship between inequality and growth can be obtained by … and to infer the role of growth in the evolution of inequality of opportunity over time. By employing a rank dependent …

the effect of inequality of free-will and inequality of opportunity on real per capita income. When the process of human … capital accumulation is convex, we show that inequality of opportunity has a negative and monotone impact on this degree of … development, while the effect of inequality of free-will is positive. However, when human capital is accumulated according to a …

In this paper we consider the main factors that have influenced inequality of opportunity (IO) in Europe. Based on the … IO and total inequality exhibit differentiated explanatory patterns, which signifies that means of redistribution that … serve to reduce overall inequality do not necessarily reduce IO. …