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KUZNETS HYPOTHESIS OF INCOME INEQUALITY: EMPIRICAL EVIDENCE FROM EU

Repozytorium Uniwersytetu Mikołaja Kopernika

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dc.contributor.author Oczki, Jarosław
dc.contributor.author Muszyńska, Joanna
dc.contributor.author Wędrowska, Ewa
dc.date.accessioned 2018-02-08T08:11:32Z
dc.date.available 2018-02-08T08:11:32Z
dc.date.issued 2017
dc.identifier.citation Hradec Economic Days, vol.7 (1), pp. 643-651
dc.identifier.isbn 978-80-7435-664-3
dc.identifier.issn 2464-6059
dc.identifier.uri http://repozytorium.umk.pl/handle/item/4909
dc.description.abstract The article aims at identification of the determinants of income inequality in the EU countries in the period of 2004-2013. Specifically, we test for the existence of an inverted U-shaped relationship between income inequality and the level of economic development measured by the GDP per capita, as it is predicted by the Kuznets hypothesis. The data come from Eurostat (EU-SILC), International Monetary Fund and World Bank. Our results provide evidence for a U-shaped, rather than the inverted U, relationship. We find that unemployment rate and tertiary education attainment are statistically significantly and positively related to income inequality. Also old-age dependency ratio is significant in the EU15 countries, while a share of self-employed is significant in the new member states.
dc.language.iso eng
dc.publisher Univerzita Hradec Králové
dc.rights info:eu-repo/semantics/openAccess
dc.subject income inequality
dc.subject Kuznets curve
dc.subject Gini index
dc.subject panel data model
dc.title KUZNETS HYPOTHESIS OF INCOME INEQUALITY: EMPIRICAL EVIDENCE FROM EU
dc.type info:eu-repo/semantics/article


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