Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5060568 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠We investigate the existence of an aggregate 'Kuznets curve'. ⺠We use a semi-parametric fixed effects regression estimator. ⺠We find observational evidence of an aggregate Kuznets curve. ⺠This relationship between inequality and economic development does not seem to be causal. ⺠Once we account for endogeneity, inequality appears to decrease monotonically with income per capita.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Rodolphe Desbordes, Vincenzo Verardi,