This paper uses a modi.ed Harrodian model to understand both the long period of rapid Japanese growth and the recent … period of stagnation. The model has multiple steady-growth solutions when the labour supply is highly elastic, and government … intervention, we argue, took the Japanese economy onto a high-growth trajectory. Labour constraints began to appear around 1970 …

-homothetic preferences in a general-equilibrium model of endogenous growth and international trade between two countries, and argue that the … inequality across countries. We find that if inequality across countries is low, the extensive margin of trade between countries … is high whereas the world growth rate is low. The introduction of non-homothetic preferences rises a number of …

economic outcomes such as income growth, poverty and inequality indicators. Our analysis is based on microsimulations for eight … poverty and inequality. …

This paper analyses the pre-tax inequality in the income that individuals actually receive in Brazil and the role of … inequality in Brazil but maintain the decreasing inequality trends, even though they are less pronounced than previously measured … cent to 34.4 per cent. Despite strong average income growth, the poorest 50 per cent only made moderate gains, which came …

Shakespeare, this paper examines the relations between poverty levels, economic growth and changes in inequality in Tanzania …Studying the relation between economic growth and income poverty reduction without taking changes in the distribution … during the 1990s. It offers four conclusions. First, the efficiency with which growth reduces poverty increases with a …

growth. This mechanism generates a positive co-movement between inequality and growth. The pattern is weaker in countries …Governments perpetually align their policies to satisfy shifts in voters' relative demand for economic growth versus … social equality. Following such shifts, increases (decreases) in government interventions lower (raise) both inequality and …

inequality. Estimations for India's economic revival are bleak and worsening with recent developments in the global economy. …

This paper provides an overview of the modern perspective on the relationship between inequality and economic …