Fundamental Determinants of Inequality and the Role of Government
December 1, 1998
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Summary
This paper discusses the fundamental determinants of inequality. These are identified as world or market forces, social norms, ownership of real and human capital, and the role of government. The change in the relative role of these factors in determining inequality during economic development is analyzed.
Subject: Expenditure, Human capital, Income distribution, Income inequality, Labor, National accounts, Personal income
Keywords: Africa, capital, country, country's income, developed country, East Asia, government policy, Human capital, Income distribution, income from employment, Income inequality, income redistribution, Inequality, labor income, market forces, Personal income, Positional Rents, Role of Governments, Social Capital, Social Norms, society, South Asia, standard of living, WP
Pages:
24
Volume:
1998
DOI:
Issue:
178
Series:
Working Paper No. 1998/178
Stock No:
WPIEA1781998
ISBN:
9781451858921
ISSN:
1018-5941
