Income Distribution Commons^™

Monetary Policy And Income Inequality In The United States And Spain, Brooke Whetstone

ELAIA

Background Contractionary monetary policy has long-term effects on inequality (Feldkircher & Kakamu, 2018). However, other forms of monetary policy do not have a clear effect on income inequality. Central banks defend the position that other factors are the driving forces behind income inequality (Powell, 2018).

Methodology This investigation utilized ANOVA regression analysis to determine if income inequality, as measured by wage growth by sector, is related to interest rates in the United States and Spain. If applicable, slopes of the regression lines for each sector were compared to see if they were significantly different in a statistical sense.

Results At …

Determinants Of County-Level Poverty Rates In 2017: An Upper-Midwest Comparison, Trey V. Perez

Undergraduate Economic Review

The American upper-Midwest as a region throughout the 2010s has experienced lower-than-average poverty rates. This paper seeks to uncover the determinants that have the greatest impact on the county-level poverty rates for five states (Iowa, Minnesota, Wisconsin, and the Dakotas). Outcomes for this study came from an Ordinary Least Squares (OLS) regression to estimate the impact each independent variable had on the poverty rate. The empirical results showed the unemployment rate, the percentage of households headed solely by females, and percent of the population that was Native American in 2017 had a significant impact on a county’s poverty rate.

The Relationship Between College Expansion And Income Inequality, Aidan J. Wang

Undergraduate Economic Review

This paper examines the relationship between college expansion and income inequality within a country. Researchers have identified a “composition effect,” “compression effect,” and “dispersion effect.” However, the shape and magnitude of the net relationship remains unclear. I construct a country panel using inequality data from the World Inequality Database and college share data from Barro and Lee. From 0% to 27% college share, the bottom 50% and middle 40% income shares decrease linearly while the top 10% income share increases linearly. The trend shape holds for a sample of only OECD countries, but the magnitude changes, suggesting country-specific factors matter.

Economic Growth, Poverty And Income Inequality Matrix In Nigeria: A Further Investigation, H.O. Okafor

Economic and Financial Review

This paper examined the existing relationship among economic growth, poverty and income inequality in Nigeria. Using the Vector Auto-regressive (VAR) model and the Engle-Granger technique to test for the causality existing among the variables, the results revealed that economic growth had no impact on poverty reduction and income distribution in Nigeria due its non-inclusive nature. There was, however, evidence of a unidirectional causality, running from income inequality to increased poverty. This implied that inequality would lead to increase in poverty in Nigeria. Therefore, the paper recommended that govemment should develop stronger economic institutions that ore capable of reorganising the productive …

Decomposing The Wage Gap: Analysis Of The Wage Gap Between Racial And Ethnic Minorities And Whites, Jennifer Kamara

Pepperdine Policy Review

Across the country in big cities, suburbs and rural areas, Blacks and Hispanics earn less in comparison to Whites. The prevalence of the wage gap for racial and ethnic minorities is widely known though the composition of that gap has been up for debate. Using empirical analysis, this paper first investigates the relationship between race and wages then, using Oaxaca Decomposition, decomposes the wage gap for these groups. Weighted regression analysis confirms previous research that indicates Blacks and Hispanics earn significantly less than Whites however decomposition results indicate alternate theories as to the basis of the wage differential. In metro …

Corruption, Income Inequality, And Subsequent Economic Growth, Josh Matti

Undergraduate Economic Review

This paper attempts to untangle the link between corruption and income inequality with subsequent economic growth. It uses standard OLS multiple regression analysis and data from 134 countries over a ten year time frame to test the hypothesis that after controlling for corruption, income inequality will be less significant in explaining subsequent growth rates. Perhaps it is not income equality that fosters economic growth, but rather a decrease in corruption that causes both economic growth and greater equality. This study yields some expected findings in support of well-established variables and concludes that inequality harms growth even after controlling for corruption.

Strategies For Improving Economic Mobility Of Workers, Maude Toussaint-Comeau

Employment Research Newsletter

No abstract provided.

Building Equitable Communities: A New Role For City Hall, Kiran Cunningham, Hannah J. Mckinney

Employment Research Newsletter

No abstract provided.