inflation on income distribution and economic growth. We have found that inflation (1) worsens income distribution; (2 …This short paper uses a newly compiled cross-country panel data on income distribution to explore the impact of … middle class; and (4) reduces the rate of economic growth. …

production on the one hand, and aggregate savings, investment, and macroeconomic growth on the other. Tractable models …This chapter reviews various interactions between the distribution of income across individuals and factors of … scarce resources efficiently, and the dynamics of income and consumption distribution have no welfare implications. Other …

It is assumed that education simultaneously affects growth and wage inequality. Human capital is taken as lumpy, and … education policy has a direct bearing on growth, the number of high-skilled people, and wages. It is shown that the optimal … policy for the unskilled is Rawlsian and implies high after-tax returns on capital and high growth, whereas the skilled …

This paper analyzes the link between long-run economic growth and policy that depends on important economic … fundamentals. In simple growth regressions the measured policy effects would then generally be biased. Using a widely quoted … theoretical model, the signs of the biases are derived. It is shown that the usually reported effects on growth of tax …

This article analyzes the relationship between economic growth, income distribution and real exchange rate within the …

cross-country panel dataset containing detailed information on the distribution of income and expenditure. When the size of …

This study assesses the impact of economic growth on absolute poverty in Pakistan over the last four decades. The … article attempts to answer the relatively ignored basic question: is economic growth in Pakistan pro-poor? In addition, an … attempt has been made to evaluate the distribution of income within poor, a step necessary to determine the sensitivity of …