The paper examines the impact of nominal devaluation on income distribution in Pakistan. In the empirical model we include economic growth, measured per capita; trade-openness; foreign direct investment (FDI); unemployment and inflation rates which appear well justified in the particular context...

This deals with the investigation of the relationship between financial development and income inequality in case of Iran. In doing so, we have applied the ARDL bounds testing approach to examine the long-run relationship in the presence of structural break stemming in the series. The unit root...

This paper contributes in economic literature by investigating the impact of defence spending on income inequality in a case of Iran using time series data over the period of 1969-2011. For this purpose, we have applied the ARDL bounds testing approach to cointegration for long run relationship...