We examine the (potentially nonlinear) relationship between inequality and growth using a method which does not require … used (nonlinear) parametric approaches—the economy first expands rapidly with a large decline in inequality, plateaus when … inequality remains relatively stable, and then decreases rapidly with a large increase in inequality. This novel finding helps …

We study the relationship between per-capita income and income inequality with a heterogeneous panel co …-51 years and consider measures for both pre-tax and post-tax income inequality; second, we take into account country …-tax income inequality,but no such relationship for post-tax income inequality. Moreover, we find estimates on the country level …

We uncover evidence of substantial heterogeneity in the growth experience of countries using a structural threshold … versus geography debate in growth are potentially misleading …

In this paper education simultaneously affects growth and income inequality. More education does not necessarily … then decrease growth as well as income inequality, when measured by the Gini coefficient. There is no clear functional … relationship between growth and measured income inequality. The model identifies regimes of this relationship which depend …

This paper examines the long-term relationship between economic growth and inequality in the UK using an endogenous … growth model with heterogeneous agents. The model links entrepreneurial incentives to individual wealth, showing how wealth … distribution endogenously influences growth. Estimation via Indirect Inference confirms its ability to replicate UK data from 1870 …

“Growth is good for the poor” is a ubiquitous statement and one generally backed by theory, research and history. In … the long-run, growth reduces poverty. Yet, growth in output - per se - is neither a necessary nor a sufficient condition … the relation between growth and poverty in Kazakhstan, a country that experienced rapid growth and poverty reduction in …

We review the literature on the links between inequality, growth and welfare. Three questions are addressed: 1) What is … the impact of growth and development on inequality? 2) What is the impact of inequality on growth, development and welfare … impact of inequality on growth is twofold. Firstly, inequality fosters growth when this is based on capital accumulation, but …

This paper examines the long-term relationship between economic growth and inequality in the UK using an endogenous … growth model with heterogeneous agents. The model links entrepreneurial incentives to individual wealth, showing how wealth … distribution endogenously influences growth. Estimation via Indirect Inference confirms its ability to replicate UK data from 1870 …

This paper examines the effects of foreign direct investment (FDI) on South Asian economies’ output growth, utilizing … growth is found. We find evidence for both FDI-led growth and growth-induced FDI hypotheses for the South Asian economies … capital, and government consumption show the most significant positive effects on output growth. As determinants of FDI, GDP …