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Consequences of rising income inequality: a comment

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  • Siebert, Horst

Abstract

Rising income inequality is an anglo Saxon problem. For most of the other OECD countries, earnings dispersion is rather persistent. Vertical mobility is to be taken into account. The paper also looks at the relationship of income inequality, growth and employment. It elaborates the point that equity orientation affects the incentive system of an economy and can lead to higher unemployment.

Suggested Citation

  • Siebert, Horst, 1998. "Consequences of rising income inequality: a comment," Kiel Working Papers 875, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkwp:875
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • D3 - Microeconomics - - Distribution
    • D6 - Microeconomics - - Welfare Economics
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • J00 - Labor and Demographic Economics - - General - - - General

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