This paper argues that inequality can be both good and bad for growth, depending on what inequality and whose growth. Unequal societies may be holding back one segment of the population while helping another. Similarly, high levels of income inequality may be due to a variety of different...

Using Integrated Public Use Microdata Series-United States micro-census data from 1960 to 2010, this paper examines whether racial and Gender income disparities beget inequality by differentially impacting the growth prospects of the poor, the middle class, and the rich. Racial and Gender...

This paper argues that inequality can be both good and bad for growth, depending on what inequality and whose growth. Unequal societies may be holding back one segment of the population while helping another. Similarly, high levels of income inequality may be due to a variety of different...