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Growth, Inequality, and Poverty : A Robust Relationship? (English)

An extensive literature on poverty traps suggests that high levels of poverty deter growth. However, a seemingly basic implication of the underlying theoretical models, namely that countries suffering from higher levels of poverty should grow less rapidly, has remained untested. A parallel literature has suggested a variety of mechanisms through which inequality may affect growth in opposing directions. Because inequality and poverty are different...
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Marrero,Gustavo Alberto; Serven,Luis.

Growth, Inequality, and Poverty : A Robust Relationship? (English). Policy Research working paper|no. WPS 8578 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/248621536264773958

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