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Does Wealth Distribution and the Source of Wealth Matter for Economic Growth? Inherited v. Uninherited Billionaire Wealth and Billionaires’ Political Connections

In: Inequality and Growth: Patterns and Policy

Author

Listed:
  • Sutirtha Bagchi

    (Villanova University)

  • Jan Svejnar

    (Columbia University)

  • Kendra Bischoff

Abstract

Social scientists have grappled for decades with the key question of whether inequality in control over a society’s resources facilitates or hinders economic growth. While there is a large theoretical and empirical literature on this topic, the question is far from settled.

Suggested Citation

  • Sutirtha Bagchi & Jan Svejnar & Kendra Bischoff, 2016. "Does Wealth Distribution and the Source of Wealth Matter for Economic Growth? Inherited v. Uninherited Billionaire Wealth and Billionaires’ Political Connections," International Economic Association Series, in: Kaushik Basu & Joseph E. Stiglitz (ed.), Inequality and Growth: Patterns and Policy, chapter 5, pages 163-194, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-137-55459-8_5
    DOI: 10.1057/9781137554598_5
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    Cited by:

    1. Grégoire Rota-Graziosi & Islam Asif & Rabah Arezki, 2021. "Taming Private Leviathans : Regulation versus Taxation," Working Papers hal-03129746, HAL.
    2. Sałach, Katarzyna & Brzeziński, Michał, 2022. "Political connections and the super-rich in Poland," Economic Systems, Elsevier, vol. 46(4).

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