inequality, both within and across countries. We find that the welfare costs of inequality are significantly larger than the …-capita consumption, the costs of within-country and cross-country inequality are equivalent to a permanent reduction in per … positive rate of 2.1%) in exchange for the elimination of all within-country inequality. The gains of economic growth are …

poor growth, then summarizing the linkages between inequality, poverty, and pro poor growth, before proceeding to analyze …Pro Poor Growth has become a central concern to achieve sustainable poverty reduction in developing countries. Despite …

. Moreover, our calculations suggest that US inequality is above its optimal level. …

consistent with several features of consumption data including (i) the substantial rise in within-cohort consumption inequality … (Deaton and Paxson 1994), (ii) the non-concave shape of the age-inequality profile (which the RIP model is not consistent with …