Showing 1 - 7 of 7
In this paper education simultaneously affects growth and income inequality. More education does not necessarily … decrease inequality when the latter is assessed by the Lorenz dominance criterion. Increases in education first increase and … then decrease growth as well as income inequality, when measured by the Gini coefficient. There is no clear functional …
Persistent link: https://www.econbiz.de/10010266863
Persistent link: https://www.econbiz.de/10012237308
Persistent link: https://www.econbiz.de/10012233160
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 …
Persistent link: https://www.econbiz.de/10005413373
This paper contributes to the debate over the relationship between inequality and inclusive growth by testing the … proposition of a kinked-non linear relationship between income inequality and economic growth in a country specific context. The …. An inverted ``U'' shaped relationship is demonstrated, showing that low levels of inequality exert a positive correlation …
Persistent link: https://www.econbiz.de/10010780742
We review the literature on the links between inequality, growth and welfare. Three questions are addressed: 1) What is … the impact of growth and development on inequality? 2) What is the impact of inequality on growth, development and welfare … impact of inequality on growth is twofold. Firstly, inequality fosters growth when this is based on capital accumulation, but …
Persistent link: https://www.econbiz.de/10011098375
In this paper education simultaneously affects growth and income inequality. More education does not necessarily … decrease inequality when the latter is assessed by the Lorenz dominance criterion. Increases in education first increase and … then decrease growth as well as income inequality, when measured by the Gini coefficient. There is no clear functional …
Persistent link: https://www.econbiz.de/10008464700