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Unemployment, Inflation and Income Distribution: A Cross- country Analysis | ||
Iranian Economic Review | ||
مقاله 1، دوره 8، شماره 9، مهر 2003، صفحه 1-11 اصل مقاله (559.8 K) | ||
شناسه دیجیتال (DOI): 10.22059/ier.2003.30925 | ||
چکیده | ||
This is the first study to attempt to explain income inequality using unemployment and inflation and international cross-sectional data. Using a SURE system, inflation is found to have an increasing impact on the shares of the lower 80% of the income distribution, while reducing the share of the highest 20%. Unemployment has a negative effect on the share of the first 40%, while increases the share of the highest 60%. When unemployment and inflation are controlled for, the level of inequality is significantly lower in developed countries. | ||
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