Growth, inequality, and social welfare: Cross-country evidence
We use social welfare functions that assign weights to individuals based on their income levels to document the relative importance of growth and inequality changes for changes in social welfare. In a large panel of industrial and developing countries over the past 40 years, we find that most of the...
|Place of publication:||
Luxembourg Luxembourg Income Study (LIS) 2014
|published in:||LIS Working Paper Series Vol. 626|
|Data of publication:||2014|
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