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Size matters : measuring the effects of inequality and growth shocks

Bandyopadhyay, Sanghamitra; Sun, Rui - 2020

Understanding the relationship between income inequality and economic growth is of utmost importance to economists and … between inequality and growth via growth and inequality shocks for two large economies, China and the USA, for the years 1979 …- 2018. We find that a growth shock is inequality-increasing, and an inequality shock is growthreducing. We also find …