inequality and economic growth, implying the conclusion that inequality reducing policies will foster economic growth. The … likely to suffer from a severe weak instrument problem in the inequality-growth setting because lagged differences of … inequality have practically no explanatory power for current inequality levels. Thus, it is biased in the direction of OLS and …

Understanding the relationship between income inequality and economic growth is of utmost importance to economists and … between inequality and growth via growth and inequality shocks for two large economies, China and the USA, for the years 1979 …- 2018. We find that a growth shock is inequality-increasing, and an inequality shock is growthreducing. We also find …

The paper contributes to the literature relating to inequality and economic growth, in particular, we investigate the … improvement model and the neoclassic production function. Thus, the impact of wealth inequality on economic growth is through the … base of Gini-coefficient cannot generate a general relationship between wealth inequality and economic growth. …

case studies rather than cross-country regression analysis; (ii) the phenomenon of increasing inequality; (iii) different …) alternative modes of redistribution in face of inequality increasing tendencies. …

In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality …

This paper discusses dimensions of inequality in sub-Saharan Africa and their causes. It starts with a review of the … empirical evidence about inequality during the colonial period as well as the post-independence era. Then it discusses the … forces that determine inequality change, focusing on factor accumulation and structural change. Next it considers the …

implications for our understanding of inequality, poverty, inclusivity of growth and development, world economic welfare, and the … distribution has become more relatively equal due to falling inter-country relative inequality, and that by some measures global … "inequality convergence" with previously more equal countries becoming less equal over time and the obverse. We provide support …

This paper focusses on income inequality in Asia, its drivers and policies to combat it. It finds that income … inequality has risen in most of Asia, in contrast to many other regions. While in the past, rapid growth in Asia has come with … equity" miracle. There is a growing consensus that high levels of inequality can hamper the pace and sustainability of growth …