’ rent-seeking abilities, as well as with the gap between rich and poor. It is not income inequality per se that matters …, however, but inequality in the relative distribution of earning and political power. For each of the three channels of …-country differences in inequality permanent, or gradually narrowing? Equivalently, is there convergence not just in the first moment of …

Is inequality harmful for growth? We suggest that it is. In a society where distributional conflict is important … negative relation between inequality and growth. After a comprehensive sensitivity analysis, we conclude that our findings are …

importance of initial parental conditions (i.e. the driving force behind the persistence of inequality) enhances mobility and … inequality becomes more persistent. The reduction in the concentration of human capital in technologically-advanced sectors …

The empirical literature on the relationship between inequality and growth offers a contradictory assessment …-based methods are prone to reflect the mostly positive shortor medium-run implications of inequality while the level … overall impact of inequality in the long run. …

Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population …

of the Thatcher reforms. The estimated impact turns out to be sensitive to the degree of `inequality aversion' of the …