Inequality and Growth
Theory and Policy Implications
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Inequality and Growth by Theo S. Eicher
Book DescriptionEven minute increases in a country's growth rate can result in dramatic changes in living standards over just one generation. The benefits of growth, however, may not be shared equally. Some may gain less than others, and a fraction of the population may actually be disadvantaged. Recent economic research has found both positive and negative relationships between growth and inequality across nations. The questions raised by these results include: What is the impact on inequality of policies designed to foster growth? Does inequality by itself facilitate or detract from economic growth, and does it amplify or diminish policy effectiveness?This book provides a forum for economists to examine the theoretical, empirical, and policy issues involved in the relationship between growth and inequality. The aim is to develop a framework for determining the role of public policy in enhancing both growth and equality. The diverse range of topics, examined in both developed and developing countries, includes natural resources, taxation, fertility, redistribution, technological change, transition, labor markets, and education. A theme common to all the essays is the importance of education in reducing inequality and increasing growth.
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Book DetailsISBN: 9780262550642
(229mm x 152mm x 19mm)
Imprint: MIT Press
Publisher: MIT Press Ltd
Publish Date: 2-Mar-2007
Country of Publication: United States
Books By Author Theo S. Eicher
Institutions, Development, and Economic Growth, Hardback (May 2006)» View all books by Theo S. Eicher
Leading international economists discuss how and why institutions influence growth; empirical and theoretical studies that provide an overview and contribute to the current research.
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Author Biography - Theo S. Eicher
Theo S. Eicher is Associate Professor of Economics at the University of Washington.
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