This paper examines the relationship between inequality and economic growth in 18 LIS countries. They begin with a discussion of the fact that issues of conceptual and statistical comparability are essential to the understanding and measurement of the growth-equality relationship and their...

A firm theoretical basis for the empirical relationship between dependency rates and savings behavior in developing countries is still lacking. Two demographic extensions of the representative household`s stochastic dynamic optimization problem are presented here. It is shown that the...