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This paper investigates whether the size of the shadow economy increases income inequality in Uganda. This paper applies the autoregressive distributed lag (ARDL) bounds testing approach to cointegration, to test the long- and short-run relationship between the shadow economy and income...
Persistent link: https://www.econbiz.de/10013183865
To explain the shadow economy in the Baltic states of Estonia, Lithuania and Latvia, this paper evaluates the …, for example, gender, employment status and country, people living in Latvia and Lithuania displaying significantly lower …
Persistent link: https://www.econbiz.de/10011890851
Empirical studies have pointed out that monetary policy may significantly affect income and wealth inequality. To investigate the distributive properties of monetary policy the authors resort to an agent-based macroeconomic model where firms, households and one bank interact on the basis of...
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The idea that high levels of economic inequality negatively affect the rate and sustainability of economic growth is quite popular in the scientific literature. Therefore, it is usually proposed to take some regulative measures to reduce economic inequality in order to boost economic growth....
Persistent link: https://www.econbiz.de/10013164223