Abstract
Examines the empirical literature on inequality and growth, showing that the relationship is non-linear for different time periods. Suggests that inequality is more harmful in homogenous societies where inequality levels are low.
- Title
- Top income share and economic growth; linear and non-linear effects
- Creators
- Matthieu Charpe
- Contributors
- International Labour Organization. Research Department.
- Publisher
- ILO; Geneva
- Date published
- 2017
- Series
- Research Department working paper (International Labour Organization); no. 17
- Number of pages
- 42 p.
- Language
- English
- Asset Type
- working paper
- Record Identifier
- 995218601802676
- Table of contents
- 1 Introduction -- 2 Trends in top income share and growth -- 3 Linear regression and simple non-linearity -- 4 Panel threshold regression -- 5 Panel smooth transition regression -- 6 Conclusion.