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Inequality in Dual Economy Models

File(s)
Fields43_Inequality_in_Dual_Economy_Models.pdf (427.4 KB)
Permanent Link(s)
https://hdl.handle.net/1813/75692
Collections
ILR Articles and Chapters
Faculty Publications - International and Comparative Labor
Author
Fields, Gary S.
Abstract

Ever since the pathbreaking work of Kuznets (1955), economists have been concerned with the question of how inequality should respond to income growth in a two-sector economy. How does inequality change when those in a particular sector (here termed ‘high-income’ and ‘low-income’) get richer? When the high-income sector gets larger and incorporates a larger share of the population? The present paper adds a new perspective to the debate about the effects of the enrichment and enlargement of various sectors on (relative) income inequality.

Date Issued
1993-01-01
Keywords
income inequality
•
income growth
•
dual economy
Related DOI
https://doi.org/10.2307/2234248
Rights
Required Publisher Statement: © Wiley. Final version published as: Fields, G. S. (1993). Inequality in dual economy models. The Economic Journal, 103(420), 1228-1235. doi: 10.2307/2234248 Reprinted with permission. All rights reserved.
Type
article

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