poverty line. The patterns of growth, precarity, and structural change underlying the emergence of the world's two middles are … although there has been substantial economic growth, only a relatively small group of the new middle-income countries have …

In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this … partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U … requires more resources, which lowers pre-tax and post-tax income inequality as well as growth. Using consistently defined …

cross-country-growth equation shows a negative effect of income inequality on economic growth, holding fixed a familiar set …