Channels of transmission of inequality to growth: A survey of the theory and evidence from a Portuguese perspective

Detalhes bibliográficos
Autor(a) principal: Duarte, Adelaide
Data de Publicação: 2009
Outros Autores: Simões, Marta
Tipo de documento: Outros
Idioma: eng
Título da fonte: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Texto Completo: https://hdl.handle.net/10316/11726
Resumo: We review the theoretical and empirical literature on the relationship between inequality and economic growth from the perspective of the Portuguese economy in order to identify the correct (predicted) sign for the relationship in this particular country and the underlying mechanisms that explain it. Different mechanisms relating inequality and economic growth can be at stake explaining why different countries can experience different outcomes in the same period of time or why the same country experiences different outcomes in different periods of time. It is thus fundamental to correctly identify the channels of transmission of inequality to growth in the Portuguese economy. Ideally, all the mechanisms selected should be tested, but prior judgments should also lead us to produce a ranking of the mechanisms according to its relevance for the economy under analysis. This correct identification and ranking leads to more accurate policy recommendations as far as redistributive policies for the Portuguese economy are concerned.
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spelling Channels of transmission of inequality to growth: A survey of the theory and evidence from a Portuguese perspectiveInequalityGrowthPortugalWe review the theoretical and empirical literature on the relationship between inequality and economic growth from the perspective of the Portuguese economy in order to identify the correct (predicted) sign for the relationship in this particular country and the underlying mechanisms that explain it. Different mechanisms relating inequality and economic growth can be at stake explaining why different countries can experience different outcomes in the same period of time or why the same country experiences different outcomes in different periods of time. It is thus fundamental to correctly identify the channels of transmission of inequality to growth in the Portuguese economy. Ideally, all the mechanisms selected should be tested, but prior judgments should also lead us to produce a ranking of the mechanisms according to its relevance for the economy under analysis. This correct identification and ranking leads to more accurate policy recommendations as far as redistributive policies for the Portuguese economy are concerned.FCT of the Portuguese Ministry of Science and Higher Education under the project PTDC/ECO/71326/2006FEUC. Grupo de Estudos Monetários e Financeiros2009info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/otherhttps://hdl.handle.net/10316/11726https://hdl.handle.net/10316/11726engEstudos do GEMF. 7 (2009)Duarte, AdelaideSimões, Martainfo:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2021-10-29T08:18:55Zoai:estudogeral.uc.pt:10316/11726Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-29T05:00:53.178702Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv Channels of transmission of inequality to growth: A survey of the theory and evidence from a Portuguese perspective
title Channels of transmission of inequality to growth: A survey of the theory and evidence from a Portuguese perspective
spellingShingle Channels of transmission of inequality to growth: A survey of the theory and evidence from a Portuguese perspective
Duarte, Adelaide
Inequality
Growth
Portugal
title_short Channels of transmission of inequality to growth: A survey of the theory and evidence from a Portuguese perspective
title_full Channels of transmission of inequality to growth: A survey of the theory and evidence from a Portuguese perspective
title_fullStr Channels of transmission of inequality to growth: A survey of the theory and evidence from a Portuguese perspective
title_full_unstemmed Channels of transmission of inequality to growth: A survey of the theory and evidence from a Portuguese perspective
title_sort Channels of transmission of inequality to growth: A survey of the theory and evidence from a Portuguese perspective
author Duarte, Adelaide
author_facet Duarte, Adelaide
Simões, Marta
author_role author
author2 Simões, Marta
author2_role author
dc.contributor.author.fl_str_mv Duarte, Adelaide
Simões, Marta
dc.subject.por.fl_str_mv Inequality
Growth
Portugal
topic Inequality
Growth
Portugal
description We review the theoretical and empirical literature on the relationship between inequality and economic growth from the perspective of the Portuguese economy in order to identify the correct (predicted) sign for the relationship in this particular country and the underlying mechanisms that explain it. Different mechanisms relating inequality and economic growth can be at stake explaining why different countries can experience different outcomes in the same period of time or why the same country experiences different outcomes in different periods of time. It is thus fundamental to correctly identify the channels of transmission of inequality to growth in the Portuguese economy. Ideally, all the mechanisms selected should be tested, but prior judgments should also lead us to produce a ranking of the mechanisms according to its relevance for the economy under analysis. This correct identification and ranking leads to more accurate policy recommendations as far as redistributive policies for the Portuguese economy are concerned.
publishDate 2009
dc.date.none.fl_str_mv 2009
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/other
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dc.identifier.uri.fl_str_mv https://hdl.handle.net/10316/11726
https://hdl.handle.net/10316/11726
url https://hdl.handle.net/10316/11726
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Estudos do GEMF. 7 (2009)
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dc.publisher.none.fl_str_mv FEUC. Grupo de Estudos Monetários e Financeiros
publisher.none.fl_str_mv FEUC. Grupo de Estudos Monetários e Financeiros
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