<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>This paper analyzes the impact on income inequality of a set of variables usually considered in the growth literature as potential growth determinants. There is evidence to suggest that unemployment and inflation are positively associated with income inequality; except for countries with central bank independence where a negative association exists between inflation and income inequality. The empirical evidence shows that income inequality increases when unemployment increases.</p>
</abstract>

This paper analyzes the impact on income inequality of a set of variables usually considered in the growth literature as potential growth determinants. There is evidence to suggest that unemployment and inflation are positively associated with income inequality; except for countries with central bank independence where a negative association exists between inflation and income inequality. The empirical evidence shows that income inequality increases when unemployment increases.

A Refinement of the Relationship Between Central Bank Independence, Inflation, and Income Inequality in Developing Countries

Journal of Central Banking Theory and Practice

This work is licensed under the Creative Commons Attribution 4.0 International License.

This paper analyzes the impact on income inequality of a set of variables usually considered in the growth literature as potential growth determinants. There...

A Refinement of the Relationship Between Central Bank Independence, Inflation, and Income Inequality in Developing Countries

Pubblicato online: 13 gen 2024

Pagine: 117 - 131

Ricevuto: 21 feb 2023

Accettato: 15 giu 2023

DOI: https://doi.org/10.2478/jcbtp-2024-0006

Parole chiave
Central Bank Independence, Income Inequality, Developing Countries, Fixed Effects

© 2024 Fadi Fawaz et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

A Refinement of the Relationship Between Central Bank Independence, Inflation, and Income Inequality in Developing Countries

Pubblicato online: 13 gen 2024

Pagine: 117 - 131

Ricevuto: 21 feb 2023

Accettato: 15 giu 2023

DOI: https://doi.org/10.2478/jcbtp-2024-0006

Parole chiaveCentral Bank Independence, Income Inequality, Developing Countries, Fixed Effects

© 2024 Fadi Fawaz et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Parole chiave
Central Bank Independence, Income Inequality, Developing Countries, Fixed Effects