
This book discusses the equity versus efficiency approach emphasizing the importance of incentives that would predict a positive relationship between inequality and economic growth. This view was challenged in the 1990s by the incomplete markets and political outcomes theories, because of increasing empirical evidence of an inverse relationship between income inequality and economic growth.
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Format PDF ● Pages 122 ● ISBN 9781620813898 ● Editor Samir Amine ● Publisher Nova Science Publishers ● Published 2013 ● Downloadable 3 times ● Currency EUR ● ID 7220953 ● Copy protection Adobe DRM
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