Economics at your fingertips  

Crecimiento económico y desigualdad: una revisión bibliográfica

Veronica Amarante and Gioia de Melo

No 04-02, Documentos de Trabajo (working papers) from Instituto de Economia - IECON

Abstract: In the last decades there has been increased interest in studying the impact of inequality on growth. Most of the recent literature points to a negative impact of inequality on future growth but there are also models that argue in favor of a positive relationship or a non linear one. A possible channel through which inequality may impact on growth comes from the political economy (mechanisms such as the median voter or also the presence of lobbies). Imperfections in the capital markets, in particular in the credit market that place a constraint on investment in human capital by the poorest represent another possible mechanism. Social conflict due to high inequality may also affect growth. Besides, some authors suggest that the link between fertility and human capital investment may be a relevant channel. The empirical evidence on the sign of the impact and the relevant channels is not conclusive. This paper revises both the theoretical and empirical literature on this issue.

Keywords: inequality; growth (search for similar items in EconPapers)
JEL-codes: O4 I3 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2004-10
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) ... oad&tc=Publicaciones (application/pdf)

Related works:
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:

Access Statistics for this paper

More papers in Documentos de Trabajo (working papers) from Instituto de Economia - IECON Contact information at EDIRC.
Bibliographic data for series maintained by Andres Dean ().

Page updated 2021-06-11
Handle: RePEc:ulr:wpaper:dt-02-04