inequality are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases … by 20 percent in the short-run, and by more than 55 percent after 50 years. The world average index of inequality … identifying assumptions. We also analyze partial liberalization shocks: efficiency and inequality effects are roughly proportional …

growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank … and by The Standardized World Income Inequality Database are seen to be correlated with economic diversification, the rule … in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per …

When measuring income inequality over long periods of time, accounting for population and productivity growth is … income growth than the standard measure. We apply these measures to long-term income data from the United States and find … that the U-shaped inequality trend over the past century holds up, but with important qualifications. Using measures that …

We study the interplay of inequality and trust in a dynamic game, in which trust increases efficiency and thus allows … higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with …

theory involving capital and labour without neo-classical assumptions. Interestingly the growth story of the model seems to … be observationally equivalent to the Solow (1956) model of steady state growth. It can easily and effectively reflect on … critical contemporary issues without the ammunitions of a more complex neo-classical system. Trade pampers inequality all …

intergenerational inequality aversion and for risk aversion. If growth increases (reduces) intra-generational inequality, the SDR is … lower (higher) and the SCC higher (lower) than along an inequality-neutral growth path, especially if intra-generational and …A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and …

all variables, thus makes several explicit and novel predictions. This includes how income and inequality depend on … country size; that income growth will be a U-shaped function of initial income thus creating differentiated convergence; and …

specialization and trade on growth and inequality for a small developing country. Among other results, we show that a small … intermediate good, then embed it in a growth model to address the effects of global production fragmentation, vertical … is skilled-labor scarce. We also address the effects of such trade opening on wage inequality. …

between economic growth and income inequity. We develop a simple model to establish that economic growth and inequality can …) economies are two-fold: first, we observed that for low values of economic growth, inequality and growth bear an inverted U … relationship between growth and inequality can take the form of a wave. Secondly, we examine the issue of the existence of …