Kiefer, David; Khan, Shahrukh Rafi - In: Journal of Income Distribution 17 (2008) 1, pp. 21-33
Using the Kuznets inverted-U-shaped association as a structural constraint, we model the social tradeoff between changing inequality and changing income. If observed outcomes for recent decades are taken as constrained political-economic optima, this model identifies the parameters of a social...