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The Impact of Inequality on Growth

By Jared Bernstein December 2013

 

The Impact of Inequality on Growth

By Jared Bernstein December 2013

 

 1 Introduction and summary 5 Theories of growth as a function of inequality 14 Inequality and credit busts 16 Does empirical evidence support these models? 22 Political economy, credit bubbles, busts, and inequality: What’s the evidence? 27 Conclusion and policy implications 31 About the author / acknowledgements 32 Endnotes

Contents