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 this...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2014
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 14/101 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | 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 |
| Beschreibung: | 1 Online-Ressource (44 p) |
| ISBN: | 1498347819 9781498347815 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:35Z |
| indexdate | 2024-07-10T09:35:45Z |
| institution | BVB |
| isbn | 1498347819 9781498347815 |
| language | English |
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| series2 | IMF Working Papers |
| spelling | Bruckner, Markus Verfasser aut National Income and Its Distribution Bruckner, Markus Washington, D.C International Monetary Fund 2014 1 Online-Ressource (44 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 14/101 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 Online-Ausg Dabla-Norris, Era Sonstige oth Gradstein, Mark Sonstige oth http://elibrary.imf.org/view/IMF001/21406-9781498347815/21406-9781498347815/21406-9781498347815.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Bruckner, Markus National Income and Its Distribution |
| title | National Income and Its Distribution |
| title_auth | National Income and Its Distribution |
| title_exact_search | National Income and Its Distribution |
| title_exact_search_txtP | National Income and Its Distribution |
| title_full | National Income and Its Distribution Bruckner, Markus |
| title_fullStr | National Income and Its Distribution Bruckner, Markus |
| title_full_unstemmed | National Income and Its Distribution Bruckner, Markus |
| title_short | National Income and Its Distribution |
| title_sort | national income and its distribution |
| url | http://elibrary.imf.org/view/IMF001/21406-9781498347815/21406-9781498347815/21406-9781498347815.xml |
| work_keys_str_mv | AT brucknermarkus nationalincomeanditsdistribution AT dablanorrisera nationalincomeanditsdistribution AT gradsteinmark nationalincomeanditsdistribution |