Find relation between income inequality and growth

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Reference no: EM131484735

Question: Let's consider what the Kuznets curve looks like for an individual country. The data may not be easy to find, but look for Gini coefficient values, or as an alternative, the ratio of the income of the richest 20 percent of the population to the income of the poorest 20 percent as a proxy measure of inequality, for a number of years. The World Bank website has such data. Then plot the data you find against income per person for the same years on the vertical axis of a graph. Does it look like the Kuznets curve in Figure? If not, what does the curve you have found tell you about the relation between income inequality and growth in that country? Does the data you plot show a threshold level of income as in Figure?

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Reference no: EM131484735

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