Growth and inequality trade-offs to eradicate absolute poverty

The relationship between growth, inequality and poverty remains elusive, despite considerable scholarship. To what extent can governments rely on growth to eradicate poverty without reducing inequality? We derive a closed-form relationship between a minimum income threshold, changes in the Gini inde...

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Bibliographic Details
Main Authors: Jihoon Min, Narasimha D. Rao
Format: Article
Language:English
Published: Elsevier 2023-11-01
Series:Heliyon
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844023086498