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The effects of inequality on economic growth depend on several factors. On one hand, they depend on the time horizon considered, on the initial level of income and on its initial distribution. But, on the other hand, as growth and inequality are also uneven across space, it also seems relevant...
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This contribution is motivated by two stylized observations, the slowdown in growth, and a simultaneous income polarization in many advanced economies. While mainstream neoclassical and endogenous growth theory cannot sufficiently explain the nexus, we argue that the demand side plays a role. We...
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The economic development of Argentina since the end of the nineteenth century is a story of growth, splendour and then stagnation and relative decline. In this chapter we present the first consistent formal quantitative analysis of the regional dimension of that story. By putting together...
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