ENGLISH

Growth, Inequality, and Globalization: Theory, History, and Policy (Raffaele Mattioli Lectures)

By Jeffrey G. Williamson , Philippe Aghion

Book information

Year
1999
ISBN
0521650704, 9780521650700, 0521659108, 9780521659109, 9780511599064
Open Library ID
OL7750172M
Language
english
Format
PDF
Filesize
575 kB (588649 bytes)
Pages
216\215
Topic
History
Time added
2011-06-04 13:46:07

Description

Two of the world's leading economists, Philippe Aghion (a theorist) and Jeffrey Williamson (an economic historian), jointly question the conventional wisdom on inequality and growth, and address its inability to explain recent economic experience. Aghion assesses the effects of inequality on growth, and asks whether inequality matters: is excessive inequality bad for growth, and is it possible to reconcile aggregate findings with microeconomic theories of incentives? Jeffrey Williamson then discusses the Kuznets hypothesis, and focuses on the causes of wage and income inequality in developed economies.

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