Inequality of Opportunity, Inequality of Income and Economic Growth /

We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with intergenerational mobility. In economies characterized by intergenerational rigidities, an increase in income inequality has persistent effects-for...

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Bibliographic Details
Main Author: Aiyar, Shekhar
Other Authors: Ebeke, Christian
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF Working Papers; Working Paper ; No. 2019/034
Online Access:Full text available on IMF