This paper analyzes sources of income inequality in Korea with respect to income source and region. When the Gini index of overall income inequality was decomposed by geographical boundaries, the relative contribution of between-region inequality to the total was 67.96 percent in 1995, showing a...

We combine panel data with SVECM methodologies to assess the role of real shocks in determining price differentials in Italy. The main results can be summarized as follows. At a national level, we find strong evidence of persistent price and productivity misalignments across regions. In...