Inequality and Growth: Patterns and Policy: Volume II: Regions and Regularities

✍ Scribed by Kaushik Basu, Joseph E. Stiglitz (eds.)

Publisher: Palgrave Macmillan UK
Year: 2016
Tongue: English
Leaves: 312
Series: International Economics Association
Edition: 1
Category: Library

No coin nor oath required. For personal study only.

✦ Synopsis

It was a part of the wisdom of mainstream economics that in the early stages of development inequality would rise but, as growth persisted, it would, eventually, decline. Early evidence seemed to suggest that this pattern would be borne out. But, as time passed and growth persisted, inequality continued to grow, casting doubt on the received wisdom. The aim of this two-volume book is to analyze the current state of global and regional inequality, dissect the phenomenal increase in inequality that we have seen occur in recent times, and better understand the complex relationship between inequality and development. The political instability and conflict that we see around the world, arguably, has connection to economic deprivation of large segments of society and the perception of marginalization. This two-volume work acquires a special significance in the light of these developments.

✦ Table of Contents

Front Matter....Pages i-xxix
The Inheritance of Employers and Nonlinearities in Intergenerational Earnings Mobility....Pages 1-34
Do Nations Just Get the Inequality They Deserve? The “Palma Ratio” Re-examined....Pages 35-97
The University of Texas Inequality Project Global Inequality Data Sets, 1963–2008: Updates, Revisions and Quality Checks....Pages 98-135
Inequality and the Fragility of Growth....Pages 136-162
Does Wealth Distribution and the Source of Wealth Matter for Economic Growth? Inherited v. Uninherited Billionaire Wealth and Billionaires’ Political Connections....Pages 163-194
Inequality in Arab Countries....Pages 195-211
Deconstructing the Decline in Inequality in Latin America....Pages 212-247
Caste Discrimination in Contemporary India....Pages 248-273
Back Matter....Pages 274-282

✦ Subjects

Macroeconomics/Monetary Economics//Financial Economics; Regional/Spatial Science; Development Economics; Social Choice/Welfare Economics/Public Choice; Economic Theory/Quantitative Economics/Mathematical Methods

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