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Inequality snowballing

Author

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  • Giraldo Paez, Daniel
  • Liscow, Zachary

Abstract

It has long been argued that efficient policies tend to provide larger legal entitlements to the rich than to the poor. This article shows how efficient legal rules can become even more skewed against the poor over time by sowing the seeds of their own vicious cycles. Repeated application over time of these rules can lead to increasingly adverse outcomes for the poor, which the article calls “policy snowballing”.

Suggested Citation

  • Giraldo Paez, Daniel & Liscow, Zachary, 2024. "Inequality snowballing," International Review of Law and Economics, Elsevier, vol. 77(C).
    • Handle: RePEc:eee:irlaec:v:77:y:2024:i:c:s0144818823000583
    DOI: 10.1016/j.irle.2023.106180
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