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This study considers how education and globalization affect income inequality in Asia, with unbalanced panel data. The … indicates that a higher level of education achieved by the population aged 15 and over has improved income distribution in Asia …, while educational inequality, measured by the education Gini index, has a negative effect on income distribution. Higher …
Persistent link: https://www.econbiz.de/10011642136
decomposition framework. The results show that education, wealth, as well as the employment sector are significant contributors to … income inequality in Indonesia. These findings suggest that any policy aimed at reducing unequal access to education and …
Persistent link: https://www.econbiz.de/10011610559
equal distribution of education contributes significantly to reducing income inequality. Educational expansion is a major … stability contribute to reducing income inequality, while public spending on education helps to reduce educational inequality … make both income and education distribution more unequal. Using the calibration of empirical results, we find that we can …
Persistent link: https://www.econbiz.de/10011797411
This paper assesses the effects of the most recent monetary policy behavior of the Bank of Japan (BOJ) (in particular, zero interest rate policy and negative interest rate policy) and Japanese tax policy on income inequality in this country during the period of 2002Q1 to 2017Q3. The vector error...
Persistent link: https://www.econbiz.de/10011843914
From April 2013 until May 2016, Japan's monetary base rose from ¥155 trillion to ¥387 trillion as part of the Bank of Japan's (BOJ) quantitative and qualitative easing (QQE) monetary policy for achieving a price stability target of 2%. Although the main objective of the BOJ's quantitative...
Persistent link: https://www.econbiz.de/10011931285