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Does redistribution increase inequality? Is inequality harmfiil for growth? Both questions have recently been addressed in a number of single-tax models. In this paper, I examine the relationship between policy, growth and inequality when income and wealth can be taxed at different rates. In the...
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The book examines the relationship between inequality, growth and technological progress. It provides a broad overview of the existing literature and introduces specific, innovative aspects about the impact of inequality and redistribution on growth when growth is driven by human or physical...
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This paper develops a model which allows us to analyze the effect of policies that influence income distribution between capitalists and workers (such as taxes and market imperfections) on the log-run growth path of an economy. More specifically, we present a heterogeneous agent model where some...
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