Mostrar el registro sencillo del ítem

dc.contributor.authorMarrero Díaz, Gustavo Alberto 
dc.contributor.authorRodríguez Hernández, Juan Gabriel
dc.contributor.otherCEDESOG
dc.date.accessioned2023-12-20T21:06:40Z
dc.date.available2023-12-20T21:06:40Z
dc.date.issued2023
dc.identifier.urihttp://riull.ull.es/xmlui/handle/915/34948
dc.description.abstractFighting against economic inequality is one fundamental social goal in the agendas of most governments. However, recent studies highlight that people actually prefer unequal societies, as they accept inequality generated by an individual's effort and wish to reduce only unfair inequality (generated by factors beyond an individual's control). This distinction might help to explain the fundamental unsolved question about whether inequality is good or bad for growth: unfair inequality (UI) could be growth-deterring, while fair inequality (FI) might be growth-enhancing. We derive a reduced-form growth equation from a stylized overlapping-generations model with human capital that includes FI, UI, and poverty. Then, using an instrumental variable approach, we show for alternative samples and inequality measures at the worldwide level that the estimated coefficient associated with UI is always negative, while the coefficient of total inequality increases when UI is included in the regression. Moreover, we find that poverty mediates this relationship because the higher the poverty rate, the smaller the impact of either type of inequality on growth.en
dc.format.mimetypeapplication/pdf
dc.language.isoen
dc.relation.ispartofseriesThe Scandinavian .Journal of Economics, 125 (4), 2023
dc.rightsLicencia Creative Commons (Reconocimiento-No comercial-Sin obras derivadas 4.0 Internacional)
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/deed.es_ES
dc.titleUnfair inequality and growth
dc.typeinfo:eu-repo/semantics/article
dc.identifier.doi10.1111/sjoe.12531
dc.subject.keywordUnfair inequalityen
dc.subject.keywordgrowth
dc.subject.keywordhuman capital
dc.subject.keywordpoverty


Ficheros en el ítem

Este ítem aparece en la(s) siguiente(s) colección(ones)

  • DECOF. Economía, Contabilidad y Finanzas
    Documentos de investigación (artículos, libros, capítulos de libros, ponencias...) publicados por investigadores del Departamento de Economía, Contabilidad y Finanzas

Mostrar el registro sencillo del ítem

Licencia Creative Commons (Reconocimiento-No comercial-Sin obras derivadas 4.0 Internacional)
Excepto si se señala otra cosa, la licencia del ítem se describe como Licencia Creative Commons (Reconocimiento-No comercial-Sin obras derivadas 4.0 Internacional)