Income Distribution Commons^™

Investigating The Impacts Of Monetary Policy On Income Inequality In Developed Nations: Case Study Of The Euro Area, Japan And The United States, Hector Martinez Garcia

Masters Theses

This paper tries to evaluate the effect that unconventional monetary policy has had on income inequality for the set of Eurozone countries, the United States and Japan using an unbalanced panel data model over the period from 1980 to 2021, first jointly and then individually, using different regressions for each case. Based on the regression model analyzed, the study attempts to analyze the relationship between money supply and income inequality as measured by the Gini index using fixed effects and random effects for our panel data model. The study reveals the importance of the money supply variable in reducing inequality …

Growth Convergence Across Countries And Regions In The Long Run: An Empirical Study Using Panel Analysis (1980-2018), Portia Mensah

Masters Theses

With the emergence of new superpowers, the changing landscape of the global economy, and the heterogeneity of growth experiences being discovered in recent times, the concept of growth convergence must be revisited. This study examines whether developing countries are catching up with the advanced countries in terms of their per capita income. The study uses a panel analysis of 69 countries over a period of 39 years spanning from 1980 to 2018 to test for growth convergence (both absolute and conditional) among countries based on the Augmented Solow model. The countries were further divided into three regions namely, Europe, Asia, …

Income Inequality And Political Survival In Countries Around The World, Sahan Shrestha

Masters Theses

There are many factors that influence whether a political leader exits out of office or remains in power. In this thesis, we evaluate the impact of one important factor, income inequality, on the survival prospects of the leader using data for 152 countries for the period 1962 - 2015. We use a linear probability model, a logit model, and a Cox Proportional Hazard Model, all of which indicate that higher income inequality increases the probability of leader survival. To address the potential endogeneity of income inequality, I use a simultaneous equations model and the results hold. The results are also …

Changes In The Black/White Income Ratio, 1939-87, Melvin Keys

Masters Theses

The Black/white income ratio (BWIR) has increased steadily from 1939-87 for families with two incomes. Early-on, the income disparity was greatest for black females compared to black males. Because of race and sex discrimination, black females were lagging far behind society in wage differences. Today, the opposite is true, black males lag far behind black females in income: compared to their white counterparts. One of the reasons for such a large reversal in income differences maybe the opportunities that were available to black females in such occupations as teaching and nursing from 1940-75.

Migration, which looks at regional composition, was …