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It was a part of the wisdom of mainstream economics that in the early stages of development inequality would rise but …. But, as time passed and growth persisted, inequality continued to grow, casting doubt on the received wisdom. The aim of … this two-volume book is to analyze the current state of global and regional inequality, dissect the phenomenal increase in …
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"Addresses new issues and challenges for economic growth arising from ongoing significant change in the world economy …
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income growth, focussing on the role of consumer inequality, values, and the diffusion process of technologies. Chapter 1 … investigates how household income inequality shapes the diffusion of technologies. A simple demand side model with hierarchical …, more consumer inequality hinders the diffusion process for new technologies. Using data on 39 major technologies, the …
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, selling millions of copies in dozens of languages. But are its analyses of inequality and economic growth on target? Where … Spence consider the impact of technology on inequality. Heather Boushey, Branko Milanovic, and others consider topics ranging … from gender to trends in the global South. Emmanuel Saez lays out an agenda for future research on inequality, while a …
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