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The paper proposes an approach to understand the relationship between inequality and economic growth obtained by shifting the analysis from the space of final achievements to the space of opportunities. To this end, it introduces a formal framework based on the concept of the Opportunity Growth...
Persistent link: https://www.econbiz.de/10012974008
In the last decades, inequality of opportunity has been extensively studied by economists on the assumption that, in addition to being normatively undesirable, it can be related to low potential for growth. This paper evaluates inequality of opportunity and the different sources of unequal...
Persistent link: https://www.econbiz.de/10012966000