Hailu, Yohannes G.; Kahsai, Mulugeta S.; Gebremedhin, … - 2009
This study focuses on testing the relationship between income inequality and growth within U.S. counties, and the … channels through which such effects are observed. The study tests three hypotheses: (1) income inequality has an inverse … relationship with growth; (2) regional growth adjustments are the channels through which the inequality and growth are equilibrated …