Economic Development and Income Distribution

Fred Campano and Dominick Salvatore

in Income Distribution

Published in print March 2006 | ISBN: 9780195300918
Published online May 2006 | e-ISBN: 9780199783441 | DOI:
  Economic Development and Income Distribution

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This chapter examines the question of whether there is a connection between income distribution and the macro-economy. The debate surrounding Kuznets’ inverted ‘U-shaped’ hypothesis is explained. Techniques for projecting income shares under the assumption of the ‘U-shaped’ hypothesis are demonstrated.

Keywords: Asian experience; income shares; inverted U-shaped hypothesis; Kuznets; Keynes; neoliberal; redistribution; Scotch verdict

Chapter.  4833 words.  Illustrated.

Subjects: Economic Development and Growth

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