Hellier, Joël; Lambrecht, Stéphane - Society for the Study of Economic Inequality - ECINEQ - 2012
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 …