Aghion, Philippe, Akcigit, Ufuk, Bergeaud, Antonin, Blundell, Richard, Hemous, David, (2015), “Innovation, income inequality, and social mobility”, Voxeu, 28 July
In recent decades, there has been an accelerated increase in top income inequality, particularly in developed countries. This column argues that innovation partly accounts for the surge in top income inequality and fosters social mobility. In particular, the positive effect of innovation on social mobility is due to new innovators.
Relevant Posts
- Dabla-Norris, Era, Kochhar, Kalpana, Suphaphiphat, Nujin, Ricka, Frantisek, Tsounta, Evridiki, (2015),“Causes and Consequences of Income Inequality : A Global Perspective”, IMF Publications, 15 June
- Lynn Parramore: Interview with Joseph Stiglitz: “Economics Has to Come to Terms with Wealth and Income Inequality“, Institute for New Economic Thinking, 16 December.