Graduate level, 7.5 hp (ECTS)
Investigating and theoretically explain why inequality is so much higher in some countries than in others and what drives changes over the long run are questions that have been central in economic history and economics. Despite the continued scholarly attention, which has included theoretical development as well as the adding of increasing empirical evidence, clear answers are still lacking. Until recently, most studies were concerned with inequality trends in the developed world, albeit there is now a slowly growing literature on the developing South including Asia, Latin America and Africa.
The aim of the tutorial is threefold:
1) To provide an in-depth discussion of theoretical perspectives of the long run causal relationships between economic growth and inequality, emanating from structural, political-economy and macro-sociological traditions
2) To enable students to analytically and methodologically identify the strengths and weaknesses of the theories
3) To teach students how to apply theory to empirical cases