Working Paper
Inequality and Economic Growth: European Versus U.S. Experiences
Reto Foellmi, Josef Zweimüller
CESifo, Munich, 2003
CESifo Working Paper No. 1007
CESifo, Munich, 2003
CESifo Working Paper No. 1007
This paper discusses long-term trends in the macroeconomic growth performance and in income distribution in Europe and the U.S. We review insights from the recent macroeconomic literature on inequality and growth and use these insights to shed light on the growth and inequality trends