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:
Online Access:http://hdl.handle.net/10986/33524