It takes the average reader and 23 minutes to read Inequality of Opportunity, Inequality of Income and Economic Growth by Mr.Shekhar Aiyar
Assuming a reading speed of 250 words per minute. Learn more
We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with intergenerational mobility. In economies characterized by intergenerational rigidities, an increase in income inequality has persistent effects—for example by hindering human capital accumulation— thereby retarding future growth disproportionately. We use several recently developed internationally comparable measures of intergenerational mobility to confirm that the negative impact of income inequality on growth is higher the lower is intergenerational mobility. Our results suggest that omitting intergenerational mobility leads to misspecification, shedding light on why the empirical literature on income inequality and growth has been so inconclusive.
Inequality of Opportunity, Inequality of Income and Economic Growth by Mr.Shekhar Aiyar is 23 pages long, and a total of 5,819 words.
This makes it 8% the length of the average book. It also has 7% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 31 minutes to read Inequality of Opportunity, Inequality of Income and Economic Growth aloud.
Inequality of Opportunity, Inequality of Income and Economic Growth is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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