Equity, Efficient and Inequality Traps: A Research Agenda

François Bourguignon, Francisco Ferreira and Michael Walton
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Michael Walton: Harvard U

Working Paper Series from Harvard University, John F. Kennedy School of Government

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.

Date: 2006-06
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Citations: View citations in EconPapers (5)

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https://research.hks.harvard.edu/publications/work ... ?PubId=4024&type=WPN

Related works:
Journal Article: Equity, efficiency and inequality traps: A research agenda (2007)
Working Paper: Equity, efficiency and inequality traps: A research agenda (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:ecl:harjfk:rwp06-025

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