Inequality and growth: a review on a great open debate in economics

Enea Baselgia and Reto Foellmi

No wp-2022-5, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: What is the relationship between inequality and growth? This question has occupied and fascinated social scientists for more than a century. This article critically reviews the recent empirical and theoretical literature on the complex interplay between inequality and economic growth. Inequality might come in many forms: (top) incomes, wages, wealth, land, or opportunities. At the same time, growth performance could be measured as average growth rates, variability of growth, or the potential for growth to 'take off'.

Keywords: Economic growth; Inequality; Redistribution; Evidence; review (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-fdg, nep-gro and nep-hpe
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Related works:
Working Paper: Inequality and Growth: A Review on a Great Open Debate in Economics (2022)
Working Paper: Inequality and Growth: A Review on a Great Open Debate in Economics (2022)
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