Leitura fortemente recomendada.
"The question of whether high inequality today bodes well for future
rates of income growth and poverty reduction has recently acquired added
relevance because of the slowdown of growth in rich countries and
simultaneously rising inequality. The relationship between inequality
and future growth has been extensively researched but, unfortunately,
the results have proved to be inconclusive. We argue that by looking at
the growth of average incomes (or GDP per capita) important
heterogeneities are being overlooked. The question we should be asking
is: how do individuals at different rungs of the socio-economic ladder
fare in societies with different levels of inequality? This is precisely
what two of us have done in a recent study."
Inequality harms economic growth for the poor
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