Inequality is Bad for Growth of the Poor (but Not for That of the Rich)

The paper investigates the relationship between income inequality and future income growth rates of households at different points of the income distribution. The analysis uses micro-census data from U.S. states covering the period from 1960 to 2010, and controls for exposure to imports from China a...

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Bibliographic Details
Main Authors:	van der Weide, Roy, Milanovic, Branko
Format:	Journal Article
Published:	Published by Oxford University Press on behalf of the World Bank 2020
Subjects:	INEQUALITY POOR RICH GROWTH
Online Access:	http://hdl.handle.net/10986/33524

id	okr-10986-33524
recordtype	oai_dc
spelling	okr-10986-335242021-05-25T10:54:42Z Inequality is Bad for Growth of the Poor (but Not for That of the Rich) van der Weide, Roy Milanovic, Branko INEQUALITY POOR RICH GROWTH The paper investigates the relationship between income inequality and future income growth rates of households at different points of the income distribution. The analysis uses micro-census data from U.S. states covering the period from 1960 to 2010, and controls for exposure to imports from China and share of routine jobs, among other variables. It finds evidence that high levels of inequality reduce the income growth of the poor but, if anything, help the growth of the rich. 2020-04-03T14:42:42Z 2020-04-03T14:42:42Z 2018-10 Journal Article World Bank Economic Review 1564-698X http://hdl.handle.net/10986/33524 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Published by Oxford University Press on behalf of the World Bank Publications & Research Publications & Research :: Journal Article United States
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	INEQUALITY POOR RICH GROWTH
spellingShingle	INEQUALITY POOR RICH GROWTH van der Weide, Roy Milanovic, Branko Inequality is Bad for Growth of the Poor (but Not for That of the Rich)
geographic_facet	United States
description	The paper investigates the relationship between income inequality and future income growth rates of households at different points of the income distribution. The analysis uses micro-census data from U.S. states covering the period from 1960 to 2010, and controls for exposure to imports from China and share of routine jobs, among other variables. It finds evidence that high levels of inequality reduce the income growth of the poor but, if anything, help the growth of the rich.
format	Journal Article
author	van der Weide, Roy Milanovic, Branko
author_facet	van der Weide, Roy Milanovic, Branko
author_sort	van der Weide, Roy
title	Inequality is Bad for Growth of the Poor (but Not for That of the Rich)
title_short	Inequality is Bad for Growth of the Poor (but Not for That of the Rich)
title_full	Inequality is Bad for Growth of the Poor (but Not for That of the Rich)
title_fullStr	Inequality is Bad for Growth of the Poor (but Not for That of the Rich)
title_full_unstemmed	Inequality is Bad for Growth of the Poor (but Not for That of the Rich)
title_sort	inequality is bad for growth of the poor (but not for that of the rich)
publisher	Published by Oxford University Press on behalf of the World Bank
publishDate	2020
url	http://hdl.handle.net/10986/33524
_version_	1764478952772993024

Inequality is Bad for Growth of the Poor (but Not for That of the Rich)

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