How Can Economic Policy Strike a Balance between Economic Efficiency and Income Equality?

Assar Lindbeck

No 505, Working Paper Series from Research Institute of Industrial Economics

Abstract: Can income equality be combined with high economic efficiency and rapid economic growth? Fortunately, we need not to answer such a general question. Indeed, the question is poorly phrased. The relationship between income and wealth distribution, on one hand, and efficiency/growth, on the other, depends on how a certain distribution of income and wealth has come about.

Keywords: Income; Economic growth; Wealth (search for similar items in EconPapers)
JEL-codes: E20 E25 O47 (search for similar items in EconPapers)
Pages: 39 pages
Date: 1998-09-25
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Citations: View citations in EconPapers (1)

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Journal Article: How can economic policy strike a balance between economic efficiency and income equality? (1998)
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