.45. Theory and evidence suggest that high inequality affects growth: (1) through interaction with incomplete and …I review the literature on the effects of inequality on growth and development in the developing world. Two stylized … facts emerge from empirical studies: inequality is more likely to harm growth in countries at low levels of income (below …

This paper returns to the discussion of how income inequality affects economic growth. The main argument is that … observations from five-year periods across the 50 US states, I employ five different measures of inequality. The results show that … across measures, the growth effects of inequality turn more positive with more economic freedom. The moderating effects are …

The debate on whether democracy and inequality increase the level of redistribution is ongoing. We construct a model … consistent with previous conclusions that democracy enhances redistribution measured by tax revenues and government expenditures … inequality leads to more redistribution in democracies but not necessarily in autocracies. Using the new data on Non …

What matters for individuals' preferences for redistribution? In this paper we show that consequentialist beliefs about … inequality - beliefs about how economic inequality changes the crime rate or the quality of democratic institutions, for example …,731 U.S. citizens, we show that a majority of respondents believe that inequality leads to a wide range of negative societal …

type of environment it is optimal to combine institutional building with endowment redistribution, and that more ex … investments lead over time to a progressive reduction in inequality. Finally, the framework we describe enables us to formalize …