| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5054809 | Economic Modelling | 2013 | 9 Pages |
Abstract
⺠We show that policy depends on domestic and foreign income comparisons. ⺠We show that policy depends on the fraction of income earned by different groups. ⺠We show that policy depends on the probability of switching between income groups. ⺠The paper predicts that more inside country income comparison is bad for growth. ⺠The paper predicts that more outside country income comparison is good for growth.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Azam Chaudhry, Phillip Garner,