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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

Sutirtha Bagchi, Jan Svejnar and Kendra Bischoff

Chapter 5 in Inequality and Growth: Patterns and Policy, 2016, pp 163-194 from Palgrave Macmillan

Abstract: 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.

Keywords: Income Inequality; Gini Coefficient; Purchase Power Parity; Political Connection; Wealth Distribution (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-137-55459-8_5

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DOI: 10.1057/9781137554598_5

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