Goderis, Benedikt; Malone, Samuel W. - Department of Economics, Oxford University - 2008
Surprisingly little is known about the impact of resource booms on income inequality in resource rich countries (Ross … growth, to explain the time path of inequality following a resource boom. Under plausible conditions, we find that income … inequality will fall in the short run immediately after a boom, and will then increase steadily over time as the economy grows …