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What is Income Inequality and Economic Growth Link about?

The paper aims to show that income inequality negatively impacts economic growth when there are low levels of equality of opportunity. It does this by analyzing the relationship between income inequality (measured by Gini coefficients) and intergenerational mobility (measured by income and education elasticity). Using dynamic panel regression on over 100 countries, it finds that in countries with low mobility, inequality reduces growth more. However, in countries with high mobility where opportunities are e

Author

Nikhil Agrawal

Language

EN