This thesis explores two important aspects of growth, namely the roles of financial development and inequality. The recent literature has indicated that both th

In Chapter 1, I study the effects of wealth inequality on economies where financial markets are imperfect. I exploit the idea that inequality should have a diff

This thesis contains three essays on income inequality. The underlying theme is to investigate the relationship of income inequality with political instability,

This collection of essays honors a remarkable man and his work. Erik Thorbecke has made significant contributions to the microeconomic and the macroeconomic ana