Full Citation

Title: Inequality is Bad for Growth of the Poor (but Not for That of the Rich)

Citation Type: Journal Article

Publication Year: 2018

ISBN:

ISSN:

DOI: 10.1093/wber/lhy023

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Abstract: The paper investigates the relationship between income inequality and future income growth rates of households at different points of the income distribution. The analysis uses micro-census data from U.S. states covering the period from 1960 to 2010, and controls for exposure to imports from China and share of routine jobs, among other variables. It finds evidence that high levels of inequality reduce the income growth of the poor but, if anything, help the growth of the rich.

Url: https://academic.oup.com/wber/article/32/3/507/5096843

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Authors: van der Weide, Roy; Milanovic, Branko

Periodical (Full): The World Bank Economic Review

Issue: 3

Volume: 32

Pages: 507-530

Data Collections: IPUMS USA

Topics: Other, Poverty and Welfare

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