Gu, Xinhua; Huang, Bihong; Tam, Pui Sun; Zhang, Yang - In: Review of Development Economics 19 (2015) 1, pp. 15-30
Renewed attention to inequality and saving has arisen owing to their pronounced implications for global imbalances and financial crises. We show that the relationship between saving and inequality is negative if savers' funds are borrowed by spending households for consumption as in the USA, but...