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Causes and Consequences of Income Inequality

Year: 2015

Type: article

Abstract: _____________________________________________________2 This analysis is based on a sample of 159 advanced, emerging, and developing economies for the period 1980-2012 using a simple growth model (with time and country fixed effects) in which growth depends on initial income (convergence hypothesis), lagged GDP growth, and inequality (as measured by net Gini or the income shares accruing to various quintiles) estimated using system GMM.Augmenting this model with standard growth determinants, such as human and physical capital, does not affect our main findings.See Annex for data sources.

Source: IMF staff discussion note

DOI: 10.5089/9781513555188.006

Authors: Evridiki Tsounta, Nujin Suphaphiphat, Franto Ricka, Era Dabla-Norris, Kalpana Kochhar

Language: English

Topic: Income, Poverty, and Inequality

Subfield: Sociology and Political Science

Field: Social Sciences

Domain: Social Sciences

SDGs: Reduced inequalities, Decent work and economic growth

Open Access status: bronze

OpenAlex ID: W3122539596

FWCI: 180.2

Cites: 24

Cited by: 712

Related to: 10