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Theoretical and Applied Economics
No. 1 / 2015 (602), Spring

Inequality and economic growth: theoretical and operational approach

Ana ANDREI
Bucharest University of Economic Studies, Romania
Liliana CRĂCIUN
Bucharest University of Economic Studies, Romania

Abstract. The relationship between inequality and the process of economic development is still controversial. In this paper, besides a short overview of the economic literature, we present selected models used to verify the relationship between growth and inequality. We also make a brief analysis of income inequality and poverty in Romania.

Keywords: economic growth, economic inequality, Kuznets curve, Gini coefficient, income distribution, welfare economics.

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The Economicity. The Epistemic Landscape, Marin Dinu, 2016

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