Labor Market Inequality and Public Policies

ISBN: 9781620812990 出版年：2012 页码：124 Samir Amine Montreal Canada) Nova Science

This book discusses the equity versus efficiency approach emphasizing the importance of incentives that would predict a positive relationship between inequality and economic growth. This view was challenged in the 1990s by the incomplete markets and political outcomes theories, because of increasing empirical evidence of an inverse relationship between income inequality and economic growth.