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Cited by 447

The DOI matches its Crossref record; 22 of the 22 references it cites were found in a registry or an index.

Inequality and Unsustainable Growth: Two Sides of the Same Coin?

Ostry, Jonathan, Berg, Andrew, JOstry@imf.org, ABerg@imf.org·2011·Staff Discussion Notes
DOI 10.5089/9781463926564.006
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Abstract

This note raises the IMF's profile on a number of issues related to inequality, unemployment, governance, etc. It builds on earlier empirical work that examined correlations between growth downbreaks/duration of growth spells and a range of macro/policy/institutional factors. This paper is designed to be more accessible, more policy oriented, and focused squarely on the issue of inequality and the sustainability of growth. It will reference the literature that has gained prominence in the wake of the global crisis, and the possible links between the crisis and rising inequality in countries at the epicenter of the crisis. The analytical findings will also be connected to real world policy narratives in certain countries, to provide texture to the results and enhance policy relevance. The paper will argue that, based on the empirical findings, more equality in the income distribution is associated with longer-lived growth spells. Broad redistributive policies are not necessarily pro-growth, however, as these can have strong disincentive effects. The paper's policy discussion is appropriately cautious, therefore, offering only tentative ideas, for example, active labor market policies and more attention to human capital investments designed to avoid conflicts between efficiency and equity perspectives

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Metadata

Authors
Ostry, J., Berg, A., JOstry@imf.org, & ABerg@imf.org
Venue
Staff Discussion Notes
Publisher
International Monetary Fund (IMF)
Published
2011
Volume
11
Issue
08
Pages
1
ISSN
2221-030X
DOI
10.5089/9781463926564.006
OpenAlex
W3121215892
Cited by
447
References
22
FWCI
97.52
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Inequality and Unsustainable Growth: Two Sides of the Same Coin? https://app.cochat.ai/papers/10.5089/9781463926564.006
The paper
Ostry, J., Berg, A., JOstry@imf.org, & ABerg@imf.org. (2011). Inequality and Unsustainable Growth: Two Sides of the Same Coin? Staff Discussion Notes. https://doi.org/10.5089/9781463926564.006

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.