This work tries to investigate the relationship between the distribution of wealth and economic growth. The analysis starts from a review of the most impor- tant contributions of the wide literature on the topic, with the aim of presenting them under a common theoretical framework. The results, in line with some re- cent literature, show that, both on the theoretical and empirical point of view, under some initial conditions, an increase in inequality has a positive effect on subsequent growth; this findings are also confirmed by an empirical analysis of the case of United States.
Income Inequality and Economic Growth
Smaltini, Pier-Francesco
2015/2016
Abstract
This work tries to investigate the relationship between the distribution of wealth and economic growth. The analysis starts from a review of the most impor- tant contributions of the wide literature on the topic, with the aim of presenting them under a common theoretical framework. The results, in line with some re- cent literature, show that, both on the theoretical and empirical point of view, under some initial conditions, an increase in inequality has a positive effect on subsequent growth; this findings are also confirmed by an empirical analysis of the case of United States.File in questo prodotto:
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Utilizza questo identificativo per citare o creare un link a questo documento:
https://hdl.handle.net/20.500.14247/21646