Equity, efficiency and inequality traps: A research agenda

François Bourguignon, Francisco Ferreira and Michael Walton

The Journal of Economic Inequality, 2007, vol. 5, issue 2, 235-256

Abstract: This paper discusses a research agenda that arises from unanswered questions and unresolved issues considered in the World Bank’s World Development Report 2006: Equity and Development. After formalizing the key concepts of equity; equality of opportunity; and efficiency, and proposing a definition for an equitable development policy, the paper discusses the concept of inequality traps, around which the research agenda is structured. Four broad groups of research questions are highlighted: those revolving around the measurement of inequality of opportunity and the diagnostics for the existence of an inequality trap; those dealing with the causes of inequality traps; the quantification of their efficiency costs; and those related to how institutions (including governments) evolve to overcome inequality traps. Copyright Springer Science+Business Media, Inc. 2007

Keywords: equity; equality of opportunity; inequality traps. (search for similar items in EconPapers)
Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (99)

Downloads: (external link)
http://hdl.handle.net/10.1007/s10888-006-9042-8 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Equity, efficiency and inequality traps: A research agenda (2007)
Working Paper: Equity, Efficient and Inequality Traps: A Research Agenda (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:jecinq:v:5:y:2007:i:2:p:235-256

Ordering information: This journal article can be ordered from
http://www.springer. ... th/journal/10888/PS2

DOI: 10.1007/s10888-006-9042-8

Access Statistics for this article

The Journal of Economic Inequality is currently edited by Stephen Jenkins

More articles in The Journal of Economic Inequality from Springer, Society for the Study of Economic Inequality Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().