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- W3121638505 abstract "The paper shows that income inequality may theoretically lead to higher economic growth if public consumption enters the utility function. Empirically, baseline estimations and a sensitivity analysis show that income inequality is positively, and most of the time significantly, associated with economic growth. These findings stand in sharp contrast to the negative association between inequality and growth propounded by Alesina and Rodrik and by Persson and Tabellini." @default.
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- W3121638505 date "1998-10-01" @default.
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- W3121638505 title "Income Inequality Is Not Harmful for Growth: Theory and Evidence" @default.
- W3121638505 hasPublicationYear "1998" @default.
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