Inequality, growth and welfare: The main links

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Abstract

Since Kuznets’ seminal article (1955), the analysis of the links between growth, development, inequality and welfare has generated a large body of economic literature. Three main questions have been addressed: 1) What is the impact of growth and development on inequality? 2) What is the impact of inequality on growth and welfare? 3) What is the impact of pro-equality policies (redistribution, tax regimes, education etc.) upon growth and welfare?.

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Hellier, J., & Lambrecht, S. (2012). Inequality, growth and welfare: The main links. In Growing Income Inequalities: Economic Analyses (pp. 274–311). Palgrave Macmillan. https://doi.org/10.1057/9781137283306_10

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