Transmission Mechanisms of the Inequality-Growth Relationship

Jorge A. Charles-Coll

doi:https://doi.org/10.14445/22315373/IJMTT-V3I1P504

International Journal of Mathematics Trends and Technology

Research Article | Open Access | Download PDF

Volume 3 | Issue 1 | Year 2012 | Article Id. IJMTT-V3I1P504 | DOI : https://doi.org/10.14445/22315373/IJMTT-V3I1P504

Transmission Mechanisms of the Inequality-Growth Relationship

Jorge A. Charles-Coll

Citation :

Jorge A. Charles-Coll, "Transmission Mechanisms of the Inequality-Growth Relationship," International Journal of Mathematics Trends and Technology (IJMTT), vol. 3, no. 1, pp. 19-28, 2012. Crossref, https://doi.org/10.14445/22315373/IJMTT-V3I1P504

Abstract

This paper contributes to the debate over the relationship between income inequality and economic growth by developing a comprehensive description of the mechanisms and the models proposed in the literature over the last two decades that try to explain the way in which income distribution can influence economic performance trough economic, social and political channels.

Keywords

Income inequality, economic growth, political economy, wealth effect, socio-political instability, human capital.

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