Inequality and Economic Development: The Modern Perspective

by Oded Galor

Overview

In this innovative collection, Oded Galor brings together some of the most influential contributions to the modern literature on income distribution and economic growth. Initially the essential volume analyses the importance of inequality and development, past and present. Further, it explores human capital formation, gender inequality, landownership, ethical division and political transitions.

The editor has written an authoritative and lively introduction that provides a much-needed insight into this valuable field of study.

Product Details

ISBN-13:	9781847206763
Publisher:	Edward Elgar Publishing
Publication date:	10/31/2009
Series:	The International Library of Critical Writings in Economics series , #237
Pages:	576
Product dimensions:	6.90(w) x 9.70(h) x 1.80(d)

About the Author

Edited by Oded Galor, Herbert H. Goldberger Professor of Economics, Brown University, US

Table of Contents

Contents:

Acknowledgements

Introduction Inequality and the Development Process: An Overview Oded Galor

PART I INEQUALITY AND DEVELOPMENT: PAST AND PRESENT
1. A.B. Atkinson (1997), ‘Bringing Income Distribution in from the Cold’

PART II THE ORIGINS OF THE MODERN PERSPECTIVE
2. Oded Galor and Joseph Zeira (1993), ‘Income Distribution and Macroeconomics’

PART III THE CREDIT MARKET IMPERFECTION APPROACH
3. Abhijit V. Banerjee and Andrew F. Newman (1993) ‘Occupational Choice and the Process of Development’

PART IV THE POLITICAL ECONOMY PERSPECTIVE
4. Alberto Alesina and Dani Rodrik (1994), ‘Distributive Politics and Economic Growth’
5. Torsten Persson and Tabellini Guido (1994), ‘Is Inequality Harmful for Growth?’
6. Roland Benabou, (2000), ‘Unequal Societies: Income Distribution and the Social Contract’

PART V A UNIFIED THEORY OF INEQUALITY AND ECONOMIC DEVELOPMENT
7. Oded Galor and Omer Moav (2004), ‘From Physical to Human Capital Accumulation: Inequality and the Process of Development’

PART VI INEQUALITY AND HURDLES FOR HUMAN CAPITAL ACCUMULATION
8. Kenneth L. Sokoloff and Stanley L. Engerman (2000), ‘History Lessons: Institutions, Factor Endowments, and Paths of Development in the New World’
9. Oded Galor, Omer Moav and Dietrich Vollrath (2008), ‘Inequality in Landownership, the Emergence of Human- Capital Promoting Institutions, and the Great Divergence’

PART VII INEQUALITY AND SOCIAL AND POLITICAL TRANSITIONS
10. Daron Acemoglu and James A. Robinson (2000), ‘Why did the West Extend the Franchise? Democracy, Inequality, and Growth in Historical Perspective’
11. Oded Galor and Omer Moav (2006), ‘Das Human-Kapital: A Theory of the Demise of the Class Structure’

PART VIII INDUSTRIALIZATION, GENDER INEQUALITY AND FERTILITY
12. Oded Galor and David N. Weil (1996), ‘The Gender Gap, Fertility, and Growth’
13. David de la Croix and Matthias Doepke (2003), ‘Inequality and Growth: Why Differential Fertility Matters’

PART IX ETHNIC DIVISION
14. William Easterly and Ross Levine (1997), ‘Africa’s Growth Tragedy: Policies and Ethnic Divisions’
15. Alberto Alesina, Arnaud Devleeschauwer, William Easterly, Sergio Kurlat and Romain Wacziarg (2003), ‘Fractionalization’

PART X EMPIRICAL FINDINGS
16. Roberto Perotti (1996), ‘Growth, Income Distribution, and Democracy: What the Data Say’
17. Abhijit V. Banerjee and Esther Duflo (2003), ‘Inequality and Growth: What Can the Data Say?’
18. William Easterly (2007), ‘Inequality Does Cause Underdevelopment: Insights from a New Instrument’

Name Index