Όπως λένε και οι κομουνιστές του - TopicsExpress



          

Όπως λένε και οι κομουνιστές του ΔΝΤ /IMF STAFF Discussion Note SDN 14/02 But inequality may be harmful for growth because it deprives the poor of the ability to stay healthy and accumulate human capital (Perotti, 1996; Galor and Moav, 2004; Aghion, Caroli, and Garcia-Penalosa, 1999); generates political and economic instability that reduces investment (Alesina and Perotti, 1996); and impedes the social consensus required to adjust to shocks and sustain growth (Rodrik, 1999). The relationship between inequality and growth may be nonlinear, as in the theoretical model of Benhabib (2003), in which increases in inequality from low levels provides growth-enhancing incentives, while increases past some point encourage rent-seeking and lower growth.
Posted on: Sun, 17 Aug 2014 10:29:27 +0000

Trending Topics



Recently Viewed Topics




© 2015