Borissov, Kirill (contributor); … - 2007
Bourguignon (1981) suggests
that inequality stimulates capital acumulation and thus promotes economic growth, whereas
the modern … redistribution and hence
stimulates investment and economic growth.
Another strand of the literature emphasizes the importance of …. American Economic
Review, 90, pp. 120-125.
Michel, P. and Pestieau, P. (1998). Fiscal policy in a growth model with both …