We review the literature on the links between inequality, growth and welfare. Three questions are addressed: 1) What is … the impact of growth and development on inequality? 2) What is the impact of inequality on growth, development and welfare … impact of inequality on growth is twofold. Firstly, inequality fosters growth when this is based on capital accumulation, but …

This paper contributes to the debate over the relationship between inequality and inclusive growth by testing the … proposition of a kinked-non linear relationship between income inequality and economic growth in a country specific context. The …. An inverted ``U'' shaped relationship is demonstrated, showing that low levels of inequality exert a positive correlation …

distribution in a long run perspective. The second one focuses on the inverse causality between inequality and growth. This paper … aims at reviewing this second view about the effects of initial inequality of income and wealth on future growth rate. The … theoretical literature suggests several channels through which inequality might be harmful for growth, namely three economic …