The compatibility of growth and increased equality: Korea
检验了不平等促进增长和平等促进增长两种对立观点背后的假设，利用韩国1963-1980年家庭和企业数据，采用两阶段最小二乘法进行实证分析。
If greater inequality results in greater saving which leads to greater investment and growth, then government policies which increase inequality promote growth; this is called the anti‐equality argument. If, however, greater equality produces more consumption which drives investment and growth, then increasing equality produces growth; this is the pro‐equality argument. This essay tests the assumptions behind the anti‐ and pro‐equality arguments. These assumptions are tested using a Two Stage Least Squares procedure on household and corporate data for Korea between 1963 and 1980.