Fölster, Stefan; Trofimov, Georgi - Institutet för Näringslivsforskning (IFN) - 1996
Several recent articles claim that pre-tax income equality promotes growth. Equality is argued to dampen demand for … redistributive economic policies that tax returns to growth-enhancing activities such as investment. These results rest heavily on … cause growth, although there may be a positive or negative correlation. Second, it is shown that previously reported …