Inequality, Redistribution, and Economic Growth

Zurich IEER Working Paper No. 31

33 Pages Posted: 26 Oct 2000

See all articles by Josef Zweimüller

Josef Zweimüller

University of Zurich - Department of Economics; Centre for Economic Policy Research (CEPR); CESifo (Center for Economic Studies and Ifo Institute); IZA Institute of Labor Economics

Date Written: January 2000

Abstract

This paper provides a critical review of the recent literature on inequality and growth. After discussing historical and more recent distributional trends as well as empirical evidence on the relationship between inequality and growth, I focus on recent explanations of the inequality-growth puzzle. I consider both the impact of the functional and the personal distribution on long-run growth rates. A final section discusses a rather neglected issue in the recent literature: the impact of expected demand for innovation decisions.

Keywords: income distribution, labor share, endogenous growth, demand composition

JEL Classification: D63, D9, E21, E22, E25, O15, O31

Suggested Citation

Zweimueller, Josef, Inequality, Redistribution, and Economic Growth (January 2000). Zurich IEER Working Paper No. 31, Available at SSRN: https://ssrn.com/abstract=230011 or http://dx.doi.org/10.2139/ssrn.230011

Josef Zweimueller (Contact Author)

University of Zurich - Department of Economics ( email )

Zuerich, 8006
Switzerland
+411 634 3724 (Phone)
+411 634 4907 (Fax)

Centre for Economic Policy Research (CEPR)

London
United Kingdom

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5
Munich, DE-81679
Germany

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
397
Abstract Views
1,920
rank
91,633
PlumX Metrics