The "stylized fact" that distribution must get worse with economic growth in poor countries before it can get better turns out not to be a fact at all. Growth's effects on inequality can go either way and are contingent on several other factors. The authors found no sign in the new cross-country data they assembled that growth has any systematic impact on inequality. Possibly measurement errors confound the true relationship, but they think it more...
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详细
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1996/01/31
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政策研究报告
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WPS1563
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1
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1
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2010/07/01
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Equity and growth in developing countries : old and new perspectives on the policy issues
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inequality in life-time utility