end of a period serves as her endowment in the following period. In this setting growth and inequality arise endogenously …. Inequality and group income are positively correlated for poor groups, but negatively correlated for rich groups. There is very … strong path dependence: inequality in early periods is strongly negatively correlated with group income in later periods …

inequality: Thus there is a new approach for explaining Piketty's historical findings of a medium term rise of the capital income …

implications for our understanding of inequality, poverty, inclusivity of growth and development, world economic welfare, and the … distribution has become more relatively equal due to falling inter-country relative inequality, and that by some measures global … "inequality convergence" with previously more equal countries becoming less equal over time and the obverse. We provide support …

Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be … Surveys, to revisit the question of whether inequality is associated with economic growth and, in particular, to examine … whether inequality of opportunity - driven by circumstances at birth - has a negative effect on subsequent growth. Results are …

What has happened to inequality between and within countries since 1990? In this paper we explore who have been the … winners and losers from global growth since 1990. We find that falls in total global inequality in the last 30 years are …

signs of a deceleration in the pace of inequality reduction in Latin America. This paper argues that the deceleration is the … result of two set of reasons. First, several of the driving factors of the fall in inequality in the 2000s have lost strength … early 2010s, making further reductions in inequality more difficult. …