distribution and growth, as well as the relevant empirical evidence. The first model integrates the political-economy and imperfect … capital markets theories. It allows for departures from perfect democracy and embodies the trade-off between the growth costs … and benefits of redistribution through taxes, land reform or public schooling: such policies simultaneously depress …

for missing credit and insurance markets. The resulting tradeoffs for growth and efficiency are explored, both … to higher income growth than taxes and transfers, but at the cost of lower insurance. Overall efficiency is assessed … costs and benefits of redistribution are generally of the same order of magnitude, resulting in reasonable values for the …

. Calibrating the model to French data, we highlight a tradeoff between growth and redistribution. With a perfect credit market … growth and redistribution is not overturned but is less severe. However, it is possible to overturn completely that trade …. In this paper, we build an overlapping generations (OLG) model with heterogenous agents and endogenous growth driven by …

(english) Since the 1994 devaluation, growth has been quite strong in Mali (about 5% p.a. on average), but much weaker … in terms of GDP per person (about 2.6% p.a.) due to a very high index of fecundity. Growth is still very unstable, due to … a surge after the devaluation, poverty incidence plummeted slightly. Extreme poverty decreased, and growth has been pro …

-offs between growth and redistribution in achieving the MDG have also been examined. The present study builds on earlier work in … agricultural income, and the trade-offs between growth and redistribution of income are assessed. While doubts persist about the …-2015. Available studies draw attention to the gap between observed and required growth rates, the difficulties of sustaining the …