Bruckner, Markus; Dabla-Norris, Era; Gradstein, Mark - International Monetary Fund (IMF) - 2014
exogenous variations in trade-weighted world income and international oil price shocks as instruments for within … findings indicate that increases in national income have a significant moderating effect on income inequality: a one percent … robust across income levels, different time horizons, and alternative estimation techniques. From a policy perspective, our …