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Rising income inequalities are widely debated in public and academic discourse. In this paper, we contribute to this debate by proposing a new family of measures of unfair inequality. To do so, we acknowledge that inequality is not bad per se, but that its underlying sources need to be taken...
Persistent link: https://www.econbiz.de/10012912680
development, financial liberalization and banking crises are related to income inequality. In contrast with most previous work … the impact of financial liberalization on inequality. Also the quality of political institutions conditions the impact of … financial liberalization on income inequality, in contrast to the quality of economic institutions. Our main findings are robust …
Persistent link: https://www.econbiz.de/10012980576
We examine the relationship between capitalism and income inequality for a large sample of countries using an adjusted economic freedom index as proxy for capitalism and Gini coefficients based on gross-income as proxy for income inequality. Our results suggest that there is no robust...
Persistent link: https://www.econbiz.de/10013028919