National income and its distribution
"Does the distribution of income within a country become more equal as it grows richer? This paper uses plausibly exogenous variations in trade-weighted world income and international oil price shocks as instruments for within-country variations in countries' real GDP per capita to examine...
| Main Authors: | , , |
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| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Washington, DC
2014
IMF |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19118771124919369539-National-income-and-its-distri.htm |
| _version_ | 1771659898886553601 |
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| author | Bruckner, Markus Dabla-Norris, Era Gradstein, Mark |
| author_facet | Bruckner, Markus Dabla-Norris, Era Gradstein, Mark |
| collection | Library items |
| description | "Does the distribution of income within a country become more equal as it grows richer? This paper uses plausibly exogenous variations in trade-weighted world income and international oil price shocks as instruments for within-country variations in countries' real GDP per capita to examine this issue for a large sample of advanced and developing countries. Our findings indicate that increases in national income have a significant moderating effect on income inequality: a one percent increase in real GDP per capita, on average, reduces the Gini coefficient by around 0.08 percentage points, a result that is robust across income levels, different time horizons, and alternative estimation techniques. From a policy perspective, our results suggest that education policies that promote equity and help individuals continue on to higher levels of education could help reduce income inequality." |
| format | TEXT |
| id | 19118771124919369539_f829347f6a514b9983313be6a4bf6e2c |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19118771124919369539_f829347f6a514b9983313be6a4bf6e2c |
| is_hierarchy_title | National income and its distribution |
| language | English |
| physical | 43 p. Digital |
| publishDate | 2014 |
| publisher | Washington, DC IMF |
| spellingShingle | Bruckner, Markus Dabla-Norris, Era Gradstein, Mark econometric model economic growth income distribution national income social inequality National income and its distribution |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=109265792744 |
| title | National income and its distribution |
| topic | econometric model economic growth income distribution national income social inequality |
| url | https://www.labourline.org/KENTIKA-19118771124919369539-National-income-and-its-distri.htm |