Inequality and Economic Development: The Modern Perspective

Edited by Oded Galor, Herbert H. Goldberger Professor of Economics, Brown University, US

• Contents:AcknowledgementsIntroduction Inequality and the Development Process: An Overview Oded GalorPART IINEQUALITY AND DEVELOPMENT: PAST AND PRESENT 1. A.B. Atkinson (1997), ‘Bringing Income Distribution in from the Cold’PART IITHE ORIGINS OF THE MODERN PERSPECTIVE 2. Oded Galor and Joseph Zeira (1993), ‘Income Distribution and Macroeconomics’PART IIITHE CREDIT MARKET IMPERFECTION APPROACH3. Abhijit V. Banerjee and Andrew F. Newman (1993) ‘Occupational Choice and the Process of Development’PART IVTHE POLITICAL ECONOMY PERSPECTIVE 4. Alberto Alesina and Dani Rodrik (1994), ‘Distributive Politics and Economic Growth’5. Torsten Persson and Tabellini Guido (1994), ‘Is Inequality Harmful for Growth?’6. Roland Benabou, (2000), ‘Unequal Societies: Income Distribution and the Social Contract’PART V A UNIFIED THEORY OF INEQUALITY AND ECONOMIC DEVELOPMENT 7. Oded Galor and Omer Moav (2004), ‘From Physical to Human Capital Accumulation: Inequality and the Process of Development’PART VIINEQUALITY AND HURDLES FOR HUMAN CAPITAL ACCUMULATION 8. Kenneth L. Sokoloff and Stanley L. Engerman (2000), ‘History Lessons: Institutions, Factor Endowments, and Paths of Development in the New World’9. Oded Galor, Omer Moav and Dietrich Vollrath (2008), ‘Inequality in Landownership, the Emergence of Human- Capital Promoting Institutions, and the Great Divergence’PART VIIINEQUALITY AND SOCIAL AND POLITICAL TRANSITIONS 10. Daron Acemoglu and James A. Robinson (2000), ‘Why did the West Extend the Franchise? Democracy, Inequality, and Growth in Historical Perspective’11. Oded Galor and Omer Moav (2006), ‘Das Human-Kapital: A Theory of the Demise of the Class Structure’PART VIIIINDUSTRIALIZATION, GENDER INEQUALITY AND FERTILITY 12. Oded Galor and David N. Weil (1996), ‘The Gender Gap, Fertility, and Growth’13. David de la Croix and Matthias Doepke (2003), ‘Inequality and Growth: Why Differential Fertility Matters’PART IXETHNIC DIVISION 14. William Easterly and Ross Levine (1997), ‘Africa’s Growth Tragedy: Policies and Ethnic Divisions’15. Alberto Alesina, Arnaud Devleeschauwer, William Easterly, Sergio Kurlat and Romain Wacziarg (2003), ‘Fractionalization’PART XEMPIRICAL FINDINGS 16. Roberto Perotti (1996), ‘Growth, Income Distribution, and Democracy: What the Data Say’17. Abhijit V. Banerjee and Esther Duflo (2003), ‘Inequality and Growth: What Can the Data Say?’18. William Easterly (2007), ‘Inequality Does Cause Underdevelopment: Insights from a New Instrument’Name Index