Conditional and unconditional inequality and growth relationships
This study tests the conditional and unconditional relationship between income inequality and growth in the post-Second World War period using WIDER inequality database. Regression results suggest that income inequality is declining over time. Inequality is also declining in growth of income. There is a significant regional heterogeneity in the levels and development of inequality over time. The Kuznets hypothesis represents a global U-shape relationship between inequality and growth.
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Volume (Year): 13 (2006)
Issue (Month): 14 ()
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