Showing 1 - 10 of 44,870
Persistent link: https://www.econbiz.de/10014228379
In recent years there has been a growing interest in the impact of inequality on economic growth. Both theoretical and … part of the literature that considers inequality detrimental to growth, more recent studies have challenged this result and … found a positive effect of inequality on growth. This paper contributes to the debate by using meta-analytical techniques to …
Persistent link: https://www.econbiz.de/10011349190
cross-country-growth equation shows a negative effect of income inequality on economic growth, holding fixed a familiar set …-an inverse-U shape relationship between income inequality and per capita GDP-that is relatively stable from the 1960s into the … 2000s. The direct effect of international openness on income inequality is also found to be positive. On the other hand, a …
Persistent link: https://www.econbiz.de/10011282136
Persistent link: https://www.econbiz.de/10010247704
The effects of inequality on economic growth depend on several factors. On one hand, they depend on the time horizon … considered, on the initial level of income and on its initial distribution. But, on the other hand, as growth and inequality are … rates, this work analyzes how increasing inequality and increasing agglomeration influence economic growth depending on the …
Persistent link: https://www.econbiz.de/10011515023
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 …
Persistent link: https://www.econbiz.de/10010469680
dramatic drop in cooperation (and growth), when inequality is increased by a selfserving dictator. No such effect is observed … adverse growth effect of the interaction between the degree and the genesis of inequality. We conclude that economies giving … equal opportunities to all are not likely to suffer retarded growth due to inequality in the way economies with self …
Persistent link: https://www.econbiz.de/10011404315
In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this … partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U … requires more resources, which lowers pre-tax and post-tax income inequality as well as growth. Using consistently defined …
Persistent link: https://www.econbiz.de/10011409838
Persistent link: https://www.econbiz.de/10011382981
physical capital to study the interaction of international capital flows and growth. Analytically, we study conditions under … long-term growth via the accumulation of human capital. Our mechanism shows how a small initial difference in the level of …
Persistent link: https://www.econbiz.de/10012696550