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Economic development and inequality of opportunity: Kuznets meets the Great Gatsby?

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  • Francisco H.G. Ferreira
  • Domenico Moramarco
  • Vitorocco Peragine

Abstract

According to the Kuznets hypothesis, inequality first tends to increase and then decrease as a country develops. Whether borne out empirically, this inverted-U Kuznets curve, as a stylized 'fact', has shaped the discourse on economic development and income inequality for decades. In this paper we investigate whether a similar relationship holds between national income per capita and inequality of opportunity: the inequality associated with inherited individual circumstances such as gender, ethnicity, and family background.

Suggested Citation

  • Francisco H.G. Ferreira & Domenico Moramarco & Vitorocco Peragine, 2025. "Economic development and inequality of opportunity: Kuznets meets the Great Gatsby?," WIDER Working Paper Series wp-2025-25, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2025-25
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    References listed on IDEAS

    as
    1. Jovanovic, Branimir, 2018. "When is there a Kuznets curve? Some evidence from the ex-socialist countries," Economic Systems, Elsevier, vol. 42(2), pages 248-268.
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