Browsing Harvard Kennedy School by Author "Leigh, Andrew"
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Do Rising Top Incomes Lift All Boats?
Andrews, Daniel; Jencks, Christopher; Leigh, Andrew (2009)Pooling data for 1905 to 2000, we find no systematic relationship between top income shares and economic growth in a panel of 12 developed nations observed for between 22 and 85 years. After 1960, however, a one percentage ...