Publication series :Global Economic Studies
Author: Samir Amine (University of Quebec and Senior Research Fellow at The Interuniversity Center of Public Policies (CIRANO) Montreal Canada)
Publisher: Nova Science Publishers, Inc.
Publication year: 2013
E-ISBN: 9781620813898
P-ISBN(Paperback): 9781620812990
Subject: F241.1 Labor plan
Keyword: Economics
Language: ENG
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Description
This book discusses the equity versus efficiency approach emphasizing the importance of incentives that would predict a positive relationship between inequality and economic growth. This view was challenged in the 1990s by the incomplete markets and political outcomes theories, because of increasing empirical evidence of an inverse relationship between income inequality and economic growth.