Our results confirm that the negative impact of income inequality on economic growth is amplified for countries that are endowed with abundant natural resources. Therefore, we propose that reducing income inequality could mitigate the detrimental impact of resource abundance on economic growth.doi:10.1016/j.resourpol.2021.1022...
The correlation between democracy and income inequality, as well as the direction of causation is still debated. In this paper, we conduct a dynamic panel data analysis for all 34 OECD member states over the period 1960-2012 and illustrate a non-monotonic relationship between inequality and ...
摘要: Despite the similarity between the Chinese and Egyptian monetary policies, the outcomes of the policies are profoundly diverse. China's inflation rate was always lower than Egypt's, while its growth rate totally surpassed it. This study attempts first, to compare the monetary policy transmiss...
Bartels, L. M. (2016).Unequal democracy: The political economy of the new gilded age. Princeton University Press. Google Scholar Bilger, M., Kruger, E. J., & Finkelstein, E. A. (2017). Measuring socioeconomic inequality in obesity: Looking beyond the obesity threshold.Health Economics,26...
An impact assessment of income inequality on sustainable economic growth by using ISDIAn impact assessment of income inequality on sustainable economic growth by using ISDIThe aim of this work is to assess the impact of income inequality for sustainable economic growth in the EU-25 countries in ...
This study investigates the effect of financial inclusion on economic growth, financial development, bank’s financial efficiency, financial stability, and bank’s profitability in high-, low-, and middle-income countries by controlling income inequality, gross fixed capital formation, population growth,...
international trade, energy and transportation to technology exchanges, international financial fluxes and foreign investments. Nevertheless, it has also led to negative consequences such as the increase in economic inequality, financial crises, and air and water pollution caused by the increase in greenho...
Government intervention is imperative in the mixed economic system due to market failures, imperfection, pure public goods, and economic externalities to stabilize the economy. We examine the impact of public debt on economic growth. As the role of quality of governance (QoG) is disputed in prior...
The disruptive effects of AI may also influence wages, income distribution and economic inequality19. Digital disruption drives digital innovation Times of disruption and change can be uncomfortable. Artificial intelligence is just one of the many digital disruptions taking the world by storm. Over the...
international inequalityNorth-South transfersThis study attempts to examine empirically the implications of the degree of openness for total and individual factor productivity growth in a group of 19 OECD countries over the last three decades. The study combines both time series and cross-sectional ...