Weak Instruments in Growth Regressions : Implications for Recent Cross-Country Evidence on Inequality and Growth

This paper revisits four recent cross-country empirical studies on the effects of inequality on growth. All four studies report strongly significant negative effects, using the popular system generalized method of moments estimator that is frequent...

Full description

Bibliographic Details
Main Author: Kraay, Aart
Language:English
en_US
Published: World Health Organization 2015
Subjects:
GDP
Online Access:http://documents.worldbank.org/curated/en/2015/11/25462798/weak-instruments-growth-regressions-implications-recent-cross-country-evidence-inequality-growth
http://hdl.handle.net/10986/23456