Imperial College London

ProfessorDavidMiles

Business School

Professor of Financial Economics
 
 
 
//

Contact

 

+44 (0)20 7594 1292d.miles Website CV

 
 
//

Assistant

 

Mrs Humayra Jones +44 (0)20 7594 1863

 
//

Location

 

4.04a53 Prince's GateSouth Kensington Campus

//

Summary

 

Publications

Citation

BibTex format

@article{Miles:2021:10.1017/nie.2020.50,
author = {Miles, D},
doi = {10.1017/nie.2020.50},
journal = {National Institute Economic Review},
pages = {69--78},
title = {How long does economic injustice last?},
url = {http://dx.doi.org/10.1017/nie.2020.50},
volume = {255},
year = {2021}
}

RIS format (EndNote, RefMan)

TY  - JOUR
AB - This article assesses whether economic injustices that took place in the past still have significant implications for the material welfare of people many years later. That issue is central to the question of how fair is the distribution of wealth and income today. It is also relevant to issues of reparations for past wrongs. I find that in standard neoclassical models of economic growth the lingering effects of injustice from more than 70 years ago are generally small. But effects can last much longer once we allow for impacts of past injustices to be transmitted through human capital accumulation as well as physical capital.
AU - Miles,D
DO - 10.1017/nie.2020.50
EP - 78
PY - 2021///
SN - 0027-9501
SP - 69
TI - How long does economic injustice last?
T2 - National Institute Economic Review
UR - http://dx.doi.org/10.1017/nie.2020.50
UR - http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:000629169600006&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=1ba7043ffcc86c417c072aa74d649202
UR - https://www.cambridge.org/core/journals/national-institute-economic-review/article/how-long-does-economic-injustice-last/2EADA901EE00C0EB344F387DB05D5D1D
VL - 255
ER -