paper source: https://www.oecd.org/els/soc/trends-in-income-inequality-and-its-impact-on-economic-growth-SEM-WP163.pdf
Trends in Income Inequality and its Impact on Economic Growth
👁️ Key Findings
- inequality and growth are negatively correlated
- visible especially with longer/higher education enrollment
- i.e. income inequality and GPD growth
- best tackled by tax the rich
- just growth alone may not trickle down to the ones who need it the most, limiting actual societal growth → dive into Socioeconomics
- not just poverty (bottom 10%) but much greater (bottom 40%)
- especially lower middle class falling behind
- https://data.oecd.org/inequality/income-inequality.htm
✅ Similarities
- taught in CCBE - Inequality
⚔️ Differences
- https://www.econstor.eu/bitstream/10419/219529/1/econpol-pol-brief-07.pdf
- arguing against
- i.e. positive relation, but not a causal relationship differences to other papers or what other people think/write, link them here