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Income Inequality and Economic Growth
Theory and Empirics
- Editore:
AV Akademikerverlag
- EAN:
9783639486667
- ISBN:
3639486668
- Pagine:
- 100
- Formato:
- Paperback
- Lingua:
- Tedesco
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Descrizione Income Inequality and Economic Growth
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 in¿uence both, income inequality and economic growth and can help to draw useful policy conclusions.
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