Garcia-Penalosa, Cecilia; Aghion, Philippe; Caroli, Eve - Université Paris-Dauphine (Paris IX) - 1999
examines the effect of inequality on growth, showing that when capital markets are imperfect, there is not necessarily a trade …We analyze the relationship between inequality and economic growth from two directions. The first part of the survey … impact of inequality and the positive effect of redistribution upon growth. The second part analyzes several mechanisms …