Scandinavian Working Papers in Economics
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Research Institute of Industrial Economics (IFN) Working Paper Series

No 505:
How Can Economic Policy Strike a Balance between Economic Efficiency and Income Equality?

Assar Lindbeck ()

Abstract: Can income equality be combined with high economic efficiency and rapid economic growth? Fortunately, we need not to answer such a general question. Indeed, the question is poorly phrased. The relationship between income and wealth distribution, on one hand, and efficiency/growth, on the other, depends on how a certain distribution of income and wealth has come about.

Keywords: Income; Economic growth; Wealth; (follow links to similar papers)

JEL-Codes: E20; E25; O47; (follow links to similar papers)

39 pages, September 25, 1998

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