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...
Two of the world's leading economists, Philippe Aghion (a theorist) and Jeffrey Williamson (an economic historian), jointly question the conventional ...
The basic purpose of Williamson's study is to determine whether the Kuznets cycles, or long swings in the domestic economy, have had any consistent effect on U. S. foreign trade and, as a result, on the nation's balance-of-payments position. The author has chosen the period from 1820 to 1913 and has studied it in detail.
Originally published in 1964.
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The basic purpose of Williamson's study is to determine whether the Kuznets cycles, or long swings in the domestic economy, have had any consistent ef...
This book is open access under a CC BY 4.0 license.
This book brings together a range of ideas and theories to arrive at a deeper understanding of inequality in Latin America and its complex realities. To so, it addresses questions such as: What are the origins of inequality in Latin America? How can we create societies that are more equal in terms of income distribution, gender equality and opportunities? How can we remedy the social divide that is making Latin America one of the most unequal regions on earth? What are the roles played by market forces, institutions and ideology in...
This book is open access under a CC BY 4.0 license.
This book brings together a range of ideas and theories to arrive at a deeper understandi...
