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This paper studies the income inequality and economic development relationship by using unbalanced panel data of OECD and non-OECD countries for the period 1962-2003. The nonparametric estimation results show that income inequality in OECD countries are almost on the backside of the inverted-U...
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Evidences from nonparametric and semiparametric unbalanced panel data models with fixed effects show that Kuznets' inverted-U relationship is confirmed when economic development reaches a threshold. The model tests justify semiparametric specification. The integrated net contribution of control...
Persistent link: https://www.econbiz.de/10013012055
This paper studies the income inequality and economic development relationship by using unbalanced panel data of OECD and non-OECD countries for the period 1962 - 2003. The nonparametric estimation results show that income inequality in OECD countries are almost on the backside of the inverted-U...
Persistent link: https://www.econbiz.de/10013012060