Abstract
It is no secret that one of the key sources of economic growth is the entrepreneurial activity. But this type of activity is fraught with great risk, which is largely exacerbated by liquidity constraints. This situation is especially relevant for countries with a high level of income inequality, where the described barriers are much higher. Using the Friedman-Savage utility function, we tried to give our own interpretation of the impact of income inequality on economic growth through the channel of imperfect credit markets.
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