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The Impact of an Unequal Distribution of Income on Economic Growth: Theoretical Considerations

In: Secular Stagnation Theories

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  • Christina Anselmann

    (University of Hohenheim)

Abstract

This chapter focuses on the possible transmission channels through which an unequal distribution of income may impact economic growth. It turns out that the effects are heterogeneous, making it difficult to determine a priori the precise impact of changes in the distribution of income on economic growth. While it is distinguished between demand-side, supply-side, and socio-political mechanisms, this clear-cut distinction can become blurred, especially when real capital investment is involved.

Suggested Citation

  • Christina Anselmann, 2020. "The Impact of an Unequal Distribution of Income on Economic Growth: Theoretical Considerations," Springer Studies in the History of Economic Thought, in: Secular Stagnation Theories, chapter 0, pages 153-162, Springer.
    • Handle: RePEc:spr:spshcp:978-3-030-41087-2_6
    DOI: 10.1007/978-3-030-41087-2_6
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    Cited by:

    1. Abdul Aziz & Javed Ahmed Memon & Aleem Ahmed Qader, 2023. "Functional income distribution in Pakistan: Co‐integration and vector error correction model analysis," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(1), pages 1081-1091, January.

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