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Income Inequality and Economic Growth: Theory and Empirics

Michael Christl




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 |  2014-03-18 |  2014-03-18 | Original language:English | PDF # 1 |  8.66 x.23 x5.91l,.35 | File type: PDF | 100 pages

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This book summarizes the empirical and theoretical literature on the relation between income inequality and economic growth. The focus concentrates on two approaches: the Political Economy approach and the Capital Market Imperfection approach. The diverging results of these approaches are then combined to a single theory that tries to explain the complex relationship between economic growth and inequality. This should lead to a better understanding of the mechanisms that...

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