Does slow growth lead to rising inequality? Some theoretical reflections and numerical simulations

This paper explores the hypothesis (most notably made by French economist Thomas Piketty) that slow growth rates lead to rising inequality. If true, this hypothesis would pose serious challenges to achieving ‘prosperity without growth’ or meeting the ambitions of those who call for an intentional sl...

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Veröffentlicht in:	Ecological economics 2016-01, Vol.121, p.206-219
Hauptverfasser:	Jackson, Tim, Victor, Peter A.
Format:	Artikel
Sprache:	eng
Schlagworte:	Inequality Investment Macroeconomics Savings Social justice Stock flow consistent modelling
Online-Zugang:	Volltext
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