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Social and Behavioral Sciences Commons

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Economics

University of Wisconsin Milwaukee

Theses/Dissertations

2018

Economic Growth

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Full-Text Articles in Social and Behavioral Sciences

On The Relation Between Income Inequality And Economic Growth: An Asymmetric Analysis, Amid Motavallizadeh Ardakani May 2018

On The Relation Between Income Inequality And Economic Growth: An Asymmetric Analysis, Amid Motavallizadeh Ardakani

Theses and Dissertations

Economic growth and income inequality are two prominent topics in development economics due to their close relation to social stability. The main objective of this thesis is to investigate the short-run and long-run dynamics between income inequality and income growth. Additionally, it is important to consider the dynamic between income inequality and income volatility. This investigation fills a gap in the literature by examining whether changes in income, as well as changes in income volatility, have asymmetric effects on income distribution. The study of asymmetric impacts is critical because it might not be always true that economic booms and busts …