| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP17483
|
| DP17483 Inequality and Growth: A Review on a Great Open Debate in Economics |
| Enea Baselgia; Reto Foellmi
|
| 发表日期 | 2022-07-20
|
| 出版年 | 2022
|
| 语种 | 英语
|
| 摘要 | What is the relationship between inequality and growth? This question has occupied and fascinated social scientists for more than a century. We review critically the recent empirical and theoretical literature on the complex interplay between inequality and economic growth. Inequality might come in many forms: (top) incomes, wages, wealth, land or opportunities. At the same time, growth performance could be measured as average growth rates, variability of growth or the potential for growth to "take off''. This paper considers causality running from inequality to growth; hence, the Kuznets hypothesis is only touched on in passing. The empirical literature estimating the effect of inequality on growth has produced a wide range of results, precluding clear-cut conclusions on the inequality-growth relationship. Consequently, it remains central to understand the underlying economic causes and channels through which (different aspects of) inequality can promote or hamper economic growth. This paper aims to provide a broad overview of the contemporary results and an outline for prospective empirical and theoretical work. |
| 主题 | Development & Growth
; Poverty and Income Inequality
|
| 关键词 | Inequality
Economic growth
Redistribution
|
| URL | https://cepr.org/publications/dp17483
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/546578
|
推荐引用方式
GB/T 7714 |
Enea Baselgia,Reto Foellmi. DP17483 Inequality and Growth: A Review on a Great Open Debate in Economics. 2022.
|
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