| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5055006 | Economic Modelling | 2012 | 9 Pages |
Abstract
⺠We examine the effects of income inequality on economic growth. ⺠Higher inequality can retard growth in the early stage of economic development. ⺠Higher inequality can encourage growth in a near steady state. ⺠Income inequality can be reduced by higher income tax in a near steady state. ⺠Income inequality cannot be reduced by income tax in the early stage of development.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Inyong Shin,