Inequlity and growth: From micro theory to macro empirics

Scottish Journal of Political Economy

Volumn 54, Issue 4, 2007, Pages 508-530

  Gobbin, Niko ^a   Rayp, Glenn ^a   Van De Gaer, Dirk ^a  

^a GHENT UNIVERSITY   (Belgium)

Author keywords

[No Author keywords available]

Indexed keywords

ECONOMIC GROWTH; ECONOMIC THEORY; EMPIRICAL ANALYSIS; INCOME; MACROECONOMICS; SIMULATION;

EID: 34547657481     PISSN: 00369292     EISSN: 14679485     Source Type: Journal    
DOI: 10.1111/j.1467-9485.2007.00427.x     Document Type: Article

References (36)

1. Aghion, P. and Howitt, P. (1998). Endogenous Growth Theory. Cambridge, MA: MIT Press.
2. Aitchison, J. and Brown, J. A. C. (1973). The Lognormal Distribution (4th edn.). Cambridge: Cambridge University Press.
3. Albuquerque, P. (2003). A practical log-linear aggregation method with examples: Heterogeneous income growth in the USA. Journal of Applied Econometrics, 18, pp. 665-78.
4. Albuquerque, P. (2004). Inequality-driven growth: Unveiling aggregation effects in growth equations. Proceedings of the 2004 Latin American Meeting of the Econometric Society. Santiago: Pontificia Universidad Catolica de Chile.
5. Alesina, A. and Rodrik, D. (1994). Distributive politics and economic growth. Quarterly Journal of Economics, 109, pp. 465-90.
6. Atkinson, A. B. (2003). Top incomes in the United Kingdom over the twentieth century. Mimeo.
7. Atkinson, A. B. and Brandolini, A. (1999). Promise and pitfalls in the use of "secondary"datasets: Income inequality in OECD countries. Mimeo.
8. Attanasio, O. P. and Weber, G. (1993). Consumption growth, the interest rate and aggregation. Review of Economic Studies, 60, pp. 631-49.
9. Barro, R. J. (1999) Inequality, growth and investment. NBER Working Paper no. 7038.
10. Barro, R. J. and Sala-I-Martin, X. (1995). Economic Growth. New York: McGraw-Hill.
11. Becker, G. S. and Tomes, N. (1986). Human capital and the rise and fall of families. Journal of Labour Economics, 4, pp. 1-47.
12. Bénabou, R. (1996). Inequality and growth. In B. S. Bernanke and J. Rotemberg (eds), NBER Macroeconomics Annual 11. Cambridge, MA: MIT Press, pp. 11-92.
13. Björklund, A. (1993). A comparison between actual distributions of annual and lifetime income: Sweden 1951-89. Review of Income and Wealth, 39, 4, pp. 377-86.
14. Blundell, R. and Stoker, T. M. (2005). Heterogeneity and aggregation. Journal of Economic Literature, 43, pp. 347-91.
15. Brown, H. P. (1991). Egalitarianism and the Generation of Inequality. Oxford: Oxford University Press.
16. Cowell, F. A. (1995). Measuring Inequality (2nd edn.). Hemel Hempstead: Harvester Wheatsheaf.
17. Cowell, F. A. (2000). Measurement of inequality. In A. B. Atkinson and F. Bourguignon (eds), Handbook of Income Distribution, Vol. 1. Amsterdam: Elsevier, pp. 87-166.
18. Cowell, F. A. and Victoria-Feser, M. P. (1996). Robustness properties of inequality measures. Econometrica, 64, pp. 77-101.
19. Deininger, K. and Squire, L. (1996). Measuring income inequality: A new data-base. World Bank Economic Review, 10, 3, pp. 565-91.
20. Deininger K. and Squire, L. (1998). New ways of looking at old issues: inequality and growth. Journal of Development Economics, 57, pp. 259-87.
21. Durlauf, S. N. (2001). Manifesto for a growth econometrics. Journal of Econometrics, 100, pp. 65-69.
22. Forbes, K. J. (2000). A reassessment of the relationship between inequality and growth. The American Economic Review, 90, 4, pp. 869-87.
23. Gottschalk, P. and Smeeding, T. M. (2000). Empirical evidence on income inequality in industrialized countries. In A. B. Atkinson and F. Bourguignon (eds), Handbook of Income Distribution, Vol. 1. Amsterdam: Elsevier, pp. 261-307.
24. Lindbeck, A. (1985). What is wrong with the west European economies. World Economy, 8, 2, pp. 153-69.
25. Lindbeck, A. (1988). Consequences of the advanced welfare state. World Economy, 11, 1, pp. 19-37.
26. Lindbeck, A. (1993). Work disincentives in the welfare state. In A. Lindbeck (ed.), The Welfare State - The Selected Essays of Assar Lindbeck, Vol. II. Hants: Edward Elgar.
27. Meltzer, A. H. and Richard, S. F. (1981). A rational theory of the size of government. Journal of Political Economy, 89, 5, pp. 914-27.
28. Papatheodorou, C., Peristera, P. and Kostaki, A. (2003) Assessing income distribution using kernel estimates: A comparative study in five European countries. Paper presented at the 17th Annual Congress of the European Society for Population Economics, New York, 13-15 June.
29. Perotti, R. (1994). Income distribution and investment. European Economic Review, 38, pp. 827-35.
30. Perotti, R. (1996). Growth, income distribution and democracy: What the data say. Journal of Economic Growth, 1, 2, pp. 149-87.
31. Persson, T. and Tabellini, G. (1994). Is inequality harmful for growth? The American Economic Review, 84, 3, pp. 600-21.
32. Ravaillon, M. (1998). Does aggregation hide the harmful effects of inequality on growth? Economics Letters, 61, 1, pp. 73-77.
33. Rillaers, A. (2001). Education and income inequality: The role of a social protection system. Journal of Population Economics, 14, pp. 425-43.
34. Sen, A. (1973). On Economic Inequality -The Radcliffe Lectures Delivered in the University of Warwick 1972. Oxford: Claredon Press.
35. UNDP. (2003). Human Development Report 2003. New York: Oxford University Press.
36. Viaene, J.-M. and Zilcha, I. (2001) Human capital formation, income inequality and growth. CESifo Working Paper no. 512.