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The main objective of this article is to investigate both linear and nonlinear effects of inflation on income … between inflation and income inequality using the Toda-Yamamoto (1995) procedure and a vector error correction model (VECM …) approach. The existence of a nonlinear relationship between inflation and income inequality is confirmed implying as inflation …
Persistent link: https://www.econbiz.de/10012889689
The aim of this article is to examine how agriculture and non-agriculture growth and inflation affect income inequality … inequality and inflation rate in a large sample of data collected for developed and developing countries. The Hodrick …-Prescott (HP) filter is used to separate the cyclical component from the trend component of inflation rate and agriculture and non …
Persistent link: https://www.econbiz.de/10012860411
The central objective of our paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative relationship between the two variables. Our main finding is that financial development contributes...
Persistent link: https://www.econbiz.de/10011305273
We assess the effect of income inequality on life expectancy by performing separate estimations for developed and developing countries. Our empirical analysis challenges the widely held view that inequality matters more for health in richer countries than for health in poorer countries....
Persistent link: https://www.econbiz.de/10010478521
We assess the effect of income inequality on life expectancy by performing separate estimations for developed and developing countries. Our empirical analysis challenges the widely held view that inequality matters more for health in richer countries than for health in poorer countries....
Persistent link: https://www.econbiz.de/10010425987
We assess the effect of income inequality on life expectancy by performing separate estimations for developed and developing countries. Our empirical analysis challenges the widely held view that inequality matters more for health in richer countries than for health in poorer countries....
Persistent link: https://www.econbiz.de/10010344097
The process of structural transformation forms the very basis of economic growth and development. This paper analyses the implications of alternate patterns of structural change for changes in the overall distribution of income within an economy. An empirical analysis is carried out based on...
Persistent link: https://www.econbiz.de/10013109242
Acknowledging the fact that the growth experience of countries is seldom well described by the average growth rate, this paper aims at identifying countries that are similar in terms of their growth process, thus emphasizing the dynamics of growth rates. To that end, the growth experience of...
Persistent link: https://www.econbiz.de/10003876023
Persistent link: https://www.econbiz.de/10011342188
The homogenisation of finance that has dramatically increased the proclivity to instability and crisis is directly related to the very structure of regulations that have discouraged different types of institutions from emerging and/or and surviving. In developing countries they have the further...
Persistent link: https://www.econbiz.de/10013044755