12 janvier 2017

Does growth lead to inequality? It depends.

https://oecdecoscope.files.wordpress.com/2016/02/cropped-blog-clouds.jpgPosted . Widespread increases in inequality over the past three decades have raised the question of whether growth in itself is a driver of income inequality. Considering that correlation often tells little about causation, this question is less trivial than may appear at first glance. Indeed, the concomitant rise in GDP per capita and income inequality does not, per se, imply any causal relationship from the former to the latter. More...

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