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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
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
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
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
Although the inflation rates have been low in recent years, the uncertainties that put downward pressure on inflation … remain the key uncertainties that economies around the world are facing, and they could be unexpectedly persistent. In this …. We use a bivariate VARMA GARCH-in-Mean asymmetric BEKK model to estimate the response of output growth to inflation …
Persistent link: https://www.econbiz.de/10013249492
This paper explores the empirical link between income inequality and inflation in ten OECD countries over the period … 1971 to 2010. In addition to inflation, we include six control variables in our analysis: economic development level … between long-run inflation and income inequality. Low inflation rates are associated with higher income inequality. As …
Persistent link: https://www.econbiz.de/10013053130
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