In this paper, we consider whether or not inequality forces society to expend more resources on supervision which … imposes an extra cost to doing business. Some argue that since inequality deteriorates social capital, there is a greater need … the link between inequality and guard labor. …

This paper surveys the empirical literature on the association between growth on inequality in less developed countries …, with a particular emphasis on labor market inequality. Crosscountry studies failed to find a clear link from growth to … inequality. Country-specific studies that focused on labor market inequality have shown that, with a few exceptions, wage …