Bringing inequality back in
European Journal of Economics and Economic Policies
2015
12
2
183-189
economic growth ; economic research ; government policy ; social inequality
Social sciences
http://dx.doi.org/10.4337/ejeep.2015.02.04
English
Bibliogr.
"Economic inequality has traditionally not been the center of mainstream macroeconomic thought. Rethinking whether and how today's high economic inequality – along all axes, not just income – affects economic growth and stability is an increasingly relevant and important field of inquiry. This paper investigates how economic research can inform the debate on the relationship between inequality and growth. I define the relationship between inequality and growth as well as briefly review the literature on their relationship. Then, I outline the channels through which inequality may affect growth. And finally, I address possible avenues for public policy going forward."
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