Počet záznamů: 1
Does wealth inequality matter for growth? The effect of billionaire wealth, income distribution, and poverty
- 1.
SYSNO ASEP 0455388 Druh ASEP J - Článek v odborném periodiku Zařazení RIV J - Článek v odborném periodiku Poddruh J Článek ve WOS Název Does wealth inequality matter for growth? The effect of billionaire wealth, income distribution, and poverty Tvůrce(i) Bagchi, S. (US)
Švejnar, Jan (NHU-C) RIDZdroj.dok. Journal of Comparative Economics. - : Elsevier - ISSN 0147-5967
Roč. 43, č. 3 (2015), s. 505-530Poč.str. 26 s. Forma vydání Tištěná - P Jazyk dok. eng - angličtina Země vyd. US - Spojené státy americké Klíč. slova economic growth ; wealth inequality ; income inequality Vědní obor RIV AH - Ekonomie Institucionální podpora NHU-C - PRVOUK-P23 UT WOS 000364264400001 EID SCOPUS 84944441977 DOI 10.1016/j.jce.2015.04.002 Anotace A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in tackling the question, researchers have had to use income as a proxy for wealth. We derive a global measure of wealth inequality from Forbes magazine’s listing of billionaires and compare its effect on growth to the effects of income inequality and poverty. Our results suggest that wealth inequality has a negative relationship with economic growth, but when we control for the fact that some billionaires acquired wealth through political connections, the relationship between politically connected wealth inequality and economic growth is negative, while politically unconnected wealth inequality, income inequality, and initial poverty have no significant relationship. Pracoviště Národohospodářský ústav - CERGE Kontakt Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Rok sběru 2016
Počet záznamů: 1