Income Distribution, Economic Growth and Unemployment

This timely book addresses the critical issues of rising inequality and jobless economic growth. Presenting cutting edge research on income distribution, growth and labor markets in both developed and developing economies, it emphasizes the importance of considering these factors together rather than in isolation. Chapters are organized into three strongly thematic parts: revisiting theoretical innovations by the Cambridge School, offering new conceptual insights on growth, distribution and employment, and providing empirical analyses using advanced econometric methods. Leading experts discuss the relationship between distribution and growth, exploring key themes such as migration, the employment impact of Covid-19 and prestige clubs. The book further examines policy implications and outlines potential solutions to pressing economic challenges. Students and scholars of development economics, post-Keynesian economics and political economy will greatly benefit from this innovative book. It is also a crucial resource for practitioners and policymakers in the field of economic development.