Kuznets curve: A simple dynamical system-based explanation
© Springer International Publishing AG 2018. In the 1950s, a future Nobelist Simon Kuznets discovered the following phenomenon: as a country’s economy improves, inequality first grows but then decreases. In this paper, we provide a simple dynamical system-based explanation for this empirical phenome...
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| Main Authors: | , |
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| Format: | Book Series |
| Published: |
2018
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| Subjects: | |
| Online Access: | https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85037832044&origin=inward http://cmuir.cmu.ac.th/jspui/handle/6653943832/58569 |
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| Institution: | Chiang Mai University |
| Summary: | © Springer International Publishing AG 2018. In the 1950s, a future Nobelist Simon Kuznets discovered the following phenomenon: as a country’s economy improves, inequality first grows but then decreases. In this paper, we provide a simple dynamical system-based explanation for this empirical phenomenon. |
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