This is the first study to attempt to explain income inequality using unemployment and inflation and international cross-sectional data. Using a SURE system, inflation is found to have an increasing impact on the shares of the lower 80% of the income distribution, while reducing the share of the highest 20%. Unemployment has a negative effect on the share of the first 40%, while increases the share of the highest 60%. When unemployment and inflation are controlled for, the level of inequality is significantly lower in developed countries.
(2003). Unemployment, Inflation and Income Distribution: A Cross- country Analysis. Iranian Economic Review, 8(9), 1-11. doi: 10.22059/ier.2003.30925
MLA
. "Unemployment, Inflation and Income Distribution: A Cross- country Analysis", Iranian Economic Review, 8, 9, 2003, 1-11. doi: 10.22059/ier.2003.30925
HARVARD
(2003). 'Unemployment, Inflation and Income Distribution: A Cross- country Analysis', Iranian Economic Review, 8(9), pp. 1-11. doi: 10.22059/ier.2003.30925
VANCOUVER
Unemployment, Inflation and Income Distribution: A Cross- country Analysis. Iranian Economic Review, 2003; 8(9): 1-11. doi: 10.22059/ier.2003.30925
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