Inégalités et clubs de convergence : les résultats d'un modèle à seuil.

This paper deals with the effect of inequality on subsequent long run growth. Using a threshold regression analysis, we find two threshold variables, namely human capital and inequality. Three clubs are then identified. One of our results is that the estimated relationship exhibits multiple equilibria. Such a result gives a more subtle representation than simple relationships, either negative or positive, between inequality and growth.

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Year of publication:	2007-10
Authors:	Azizi, Karim
Institutions:	Centre d'Économie de la Sorbonne, Université Paris 1 (Panthéon-Sorbonne)
Subject:	Inequality \| convergence clubs \| threshold model

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Extent:	application/pdf
Series:	Documents de travail du Centre d'Economie de la Sorbonne. - ISSN 1955-611X.
Type of publication:	Book / Working Paper
Notes:	22 pages
Classification:	C15 - Statistical Simulation Methods; Monte Carlo Methods ; D31 - Personal Income, Wealth and Their Distributions ; O40 - Economic Growth and Aggregate Productivity. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005510608