Does a rising tide raise all ships? The impact of growth on inequality

摘要

Using semiparametric methods and an up-to-date panel dataset on income inequality, the impact of past economic growth on current inequality is examined in a group of nations with widely differing initial incomes. Regardless of a nation's initial development, past economic growth stimulates inequality over short and medium-run periods. However, in the long-run, inequality in developed and developing nations reacts differently to comparable rates of economic growth. Specifically, inequality declines with growth in developing nations, while rising with growth in developed nations.View full textDownload full textRelated var addthis_config = { ui_cobrand: "Taylor & Francis Online", services_compact: "citeulike,netvibes,twitter,technorati,delicious,linkedin,facebook,stumbleupon,digg,google,more", pubid: "ra-4dff56cd6bb1830b" }; Add to shortlist Link Permalink http://dx.doi.org/10.1080/13504850802046971