Income distribution and growth: The Kuznets hypothesis revisited

被引：49

作者：

Galor, O ^{[1
]}

Tsiddon, D ^{[1
]}

机构：

[1] HEBREW UNIV JERUSALEM,JERUSALEM,ISRAEL

来源：

ECONOMICA | 1996年 / 63卷 / 250期

关键词：

D O I：

10.2307/2554811

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study develops a general equilibrium model in which the evolution of income inequality and output conforms with the Kuznets hypothesis. The paper presents a novel endogenous mechanism that generates the inverted-U relation between income inequality and per capita output, and captures the reciprocal influence between the two. Unlike previous attempts for a comprehensive theoretical modelling of this phenomenon, the evolution of the economy is consistent with another important empirical observation: namely, that output growth is accompanied in the early stages of development by a widening wage differential between skilled and unskilled labour, whereas in a later stage this wage differential declines.

引用

页码：S103 / S117

页数：15

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[2]

AGHION P, 1994, TRICKLE DOWN THEORY

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