Author: Branko Milanovic

Publication: Economics Letters. vol 147. pp. 108-111

Date: October 2016

Abstract: 

The paper shows using empirical evidence from more than 100 countries’ household surveys, that income gains that the rich can realize through a more unequal distribution are often much larger than the realistic gains from a distribution-neutral growth. The rich are thus more likely to support policies that increase inequality than be concerned about income growth of their countries.

Link: Why Might the Rich Be Indifferent to Income Growth of Their Own Countries? (PDF)