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Growth, inequality, and globalization : theory, history, and policy / Philippe Aghion and Jeffrey G. Williamson.

By: Contributor(s): Material type: TextTextSeries: Raffaele Mattioli lecturesPublication details: Cambridge ; New York : Cambridge University Press, 1998.Description: viii, 207 p. : ill. ; 22 cmContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISBN:
  • 0521659108 (pbk.)
  • 9780521659109 (pbk.)
Subject(s): DDC classification:
  • 338.9 AGH 23 007943
Online resources:
Contents:
Introduction /​ Philippe Aghion and Jeffrey G. Williamson Pt. I. Inequality and economic growth /​ Philippe Aghion Pt. II. Globalization and the labor market: using history to inform policy /​ Jeffrey G. Williamson. 1. Globalization, labor markets and convergence in the past. 2. Globalization and the causes of workers' living standard convergence in the past. 3. Policy backlash: can the past inform the present?
Summary: These Raffaele Mattioli Lectures have brought together two of the world's leading economists, Professors Philippe Aghion (a theorist) and Jeffrey Williamson (an economic historian), to question the conventional wisdom on inequality and growth, and address its inability to explain recent economic experience. Professor Aghion assesses the affects of inequality on growth, and asks whether inequality matters: if so why is excessive inequality bad for growth, and is it possible to reconcile aggregate findings with macroeconomic theories of incentives? In the second part Jeffrey Williamson discusses the Kuznets hypothesis, and focuses on the causes of the rise of wage and income inequality in developed economies.
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Item type Current library Call number Status Date due Barcode
Book Book Indian Institute for Human Settlements, Bangalore 338.9 AGH 007943 (Browse shelf(Opens below)) Available 007943

Includes bibliographical references and indexes.

Introduction /​ Philippe Aghion and Jeffrey G. Williamson
Pt. I. Inequality and economic growth /​ Philippe Aghion
Pt. II. Globalization and the labor market: using history to inform policy /​ Jeffrey G. Williamson. 1. Globalization, labor markets and convergence in the past. 2. Globalization and the causes of workers' living standard convergence in the past. 3. Policy backlash: can the past inform the present?

These Raffaele Mattioli Lectures have brought together two of the world's leading economists, Professors Philippe Aghion (a theorist) and Jeffrey Williamson (an economic historian), to question the conventional wisdom on inequality and growth, and address its inability to explain recent economic experience. Professor Aghion assesses the affects of inequality on growth, and asks whether inequality matters: if so why is excessive inequality bad for growth, and is it possible to reconcile aggregate findings with macroeconomic theories of incentives? In the second part Jeffrey Williamson discusses the Kuznets hypothesis, and focuses on the causes of the rise of wage and income inequality in developed economies.

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