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and investment. However, for growth, higher inequality tends to retard growth in poor countries and encourage growth in …
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and investment. However, for growth, higher inequality tends to retard growth in poor countries and encourage growth in …
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investment over time, and the influence of economic growth on saving. Presenting the most comprehensive and up-to-date research …
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This paper updates and extends the work of Barro (2000). International data confirm the presence of the Kuznets curve-an inverse-U shape relationship between income inequality and per capita GDP-that is relatively stable from the 1960s into the 2000s. The direct effect of international openness...
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