There are conflicting views of the primary role of income inequality in economic development. Many expect that higher income shares at the top reflect substantial economic contributions while others think that these increases in top shares have not translated into higher economic growth....

The essays in this series offer fresh theoretical and methodological insights into the key issues in the field of economic inequality. The content is comprised of highly topical subject matter with key researchers in the field contributing.

Research on Economic Inequality, Volume 12 is the outgrowth of University of Alabama Poverty and Inequality conference, May 22-25, 2003. The motivation for the conference was to honor John P. Formby upon his retirement. The conference, funded by the University, was designed to bring together...