Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/219529 
Year of Publication: 
2018
Series/Report no.: 
EconPol Policy Brief No. 07
Publisher: 
ifo Institute - Leibniz Institute for Economic Research at the University of Munich, Munich
Abstract: 
In recent studies the IMF and the OECD claim that inequality has a negative impact on economic growth and conclude that redistribution policies have no adverse growth effects. We argue that this claim is misleading. We show that, for developed countries, the correlation between inequality and growth is positive, not negative. But this correlation cannot be given a causal interpretation.
Document Type: 
Research Report

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