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Many theoretical models show that redistribution causes low growth or capital outflows even though empirically … redistribution and growth are often found to be positively associated across countries. This paper argues that tax competition and … the danger of capital outflows leads optimizing governments to pursue high growth, no redistribution policies in …
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In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this …
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What is the relationship between inequality and growth? This question has occupied and fascinated social scientists for more than a century. This article critically reviews the recent empirical and theoretical literature on the complex interplay between inequality and economic growth. Inequality...
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with redistribution towards profit. Furthermore, increases in energy consumption are correlated with increases in the … largest corporations' share of total employment. These results are synthesized to form a new theory linking profit, social …
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