Policies for Equality Under Low or No Growth: A Model Inspired by Piketty
Abstract
GDP growth is declining in industrial economies, and there is increasing evidence that growth may be environmentally unsustainable. If growth falls below returns to wealth then inequalities increase, as Thomas Piketty recently showed. This poses a challenge to managing slow and/or negative growth. Here, we examine policies that have been proposed to solve the problem of increasing income inequality in slow- or non-growing economies, including...
Paper Details
Title
Policies for Equality Under Low or No Growth: A Model Inspired by Piketty
Published Date
Apr 2, 2020
Journal
Volume
32
Issue
2
Pages
243 - 258
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