An empirical test of the inequality trap concept

The paper uses a GMM estimation to prove the impact of equity on inequality persistence which suggests the presence of inequality trap, and underline the significant influence of the credit market, wealth and education access initial levels.

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Year of publication:	2009
Authors:	Daymon, Caroline ; Gimet, Celine
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 105.2009, 2, p. 165-167
Publisher:	Elsevier
Keywords:	Dynamic panel data model EHII Equity GMM-system Inequality traps

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008474054