It is distribution of wealth harmful for economic growth?

It is the objective of this essay to analyse the relationship between income distribution and growth. In the first section, the central arguments of the more influential economic growth theories will be discussed. Next, the historical discussion involving the relationship between income distributio...

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Bibliographic Details
Main Author: Flores Segovia, Miguel
Format: Article
Language:English
Published: Centro de Investigaciones Económicas 2006
Online Access:http://eprints.uanl.mx/8646/1/It%20is%20distribution%20of%20wealt%20harmful%20for%20economic%20%20growth.pdf
Description
Summary:It is the objective of this essay to analyse the relationship between income distribution and growth. In the first section, the central arguments of the more influential economic growth theories will be discussed. Next, the historical discussion involving the relationship between income distribution and economic growth will be outlined. Further to this I will examine the basic characteristics of models linking inequality and growth. Finally, the more recent literature regarding income distribution, social instability and economic growth will be addressed.