Conventional wisdom about the relationship between income distribution and economic development has been subjected to … dramatic transformations in the past century. While Classical economists advanced the hypothesis that inequality is beneficial … for economic development, the Neoclassical paradigm, which had subsequently dominated the field of macroeconomics …

believe that Latin America has always had very high levels of inequality, suggesting it will be hard for modern social policy … this must always have been true. Indeed, some have argued that high inequality appeared very early in the post … performance we observe there even today. This paper argues to the contrary. Compared with the rest of the world, inequality was …

In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality …

Countries with high income inequality also show a strong association between parents ́and childrenś economic well … higher inequality in childhood has a negative effect on intergenerational mobility as adults. Furthermore, the influence of …

asymmetric development between rich and poor countries. Piketty has shown that inequality increases when the return on capital is …An April 2015 World Bank report on the Millennium Development Goal poverty target has revealed that extreme poverty has …-Swan and Boyce-Fofack-Ndikumana. The central argument presented is that the inequality problem is at the heart of rational …

Countries with high income inequality also show a strong association between parents' and children's economic well … higher inequality in childhood has a negative effect on intergenerational mobility as adults. Furthermore, the influence of …