Social and Behavioral Sciences Commons^™

Preaching The Same Message: Economic Populism On Both Sides Of The Atlantic, Paul R. Koch

Scholar Week 2016 - present

In a lecture delivered at Illinois Wesleyan University three years ago, Gro Harlem Brundtland, the former Prime Minister of Norway and Director-General of the World Health Organization, observed that Americans who maintain that “Washington is the problem,” and Europeans who assert that “Brussels is the problem,” are essentially making the same argument. Since the global financial crisis of the late 2000’s, many discussions of economic policy around the world have centered around the rise of “populist” sentiments. Examples of these developments would include the “Brexit” process in the United Kingdom, the "America First” agenda of the Trump Administration in the …

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

Scholar Week 2016 - present

Background

Contractionary monetary policy has long run 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 …