curve in many Western economies during this period, with the fall in inequality following redistribution due to …

, efficiency and growth. We find that left regimes, choosing more progressive redistribution, maintain better environmental quality …, which supports empirical research. Inequality does not appear to be harmful for the environment, and it dampens the effect … of democracy imperfections on redistribution. …

This paper analyzes the relationship between economic growth, inequality and redistribution. In a cross-country setting … for 25 EU countries over the period 2007-2019, we show that market income inequality is associated with higher growth in … NBS) boosts growth in the short run, driven by the consumption and private investment channels. On the other hand …

This paper analyzes the relationship between economic growth, inequality and redistribution. In a cross-country setting … for 25 EU countries over the period 2007-2019, we show that market income inequality is associated with higher growth in … NBS) boosts growth in the short run, driven by the consumption and private investment channels. On the other hand …

-being and examines the social determinants of productivity growth. Madrick notes that the volume reinforce the conventional view … understanding of how social factors affect economic growth and how economic growth is linked to social improvement. …

for missing credit and insurance markets. The resulting tradeoffs for growth and efficiency are explored, both … to higher income growth than taxes and transfers, but at the cost of lower insurance. Overall efficiency is assessed …

new endogenous growth theory that suggests that increases in inequality can hurt growth. … that social policy and greater equality may actually contribute to higher productivity growth. Richard Harris surveys two …

capital markets theories. It allows for departures from perfect democracy and embodies the trade-off between the growth costs … distribution and growth, as well as the relevant empirical evidence. The first model integrates the political-economy and imperfect … savings incentives and ameliorate the wealth constraints that impede investment by the poor. The second model is a growth …

redistributive than a nondemocratic regime, and this gives the elite an incentive to mount a coup. Because inequality makes democracy … unrest or revolution, and this may force the elite to democratize. Democracy may not consolidate because it is more … more costly for the elite, highly unequal societies are less likely to consolidate democracy and may end up oscillating …

In well-functioning democracies, the policymaking process should in principle respond to persistent economic inequality … that elected representatives eventually supply through policies designed to alleviate inequality. Policymaking constraints … explanations for the continuing high inequality observed in the region. Countries with stronger democracies have adopted more …