Income Inequality and the Business Cycle : A Threshold Cointegration Approach

This paper investigates the impact of various socio-economic variables on various cohorts of the income distribution. We use asymmetric cointegration tests to show that unemployment and immigration shocks have real impacts on income inequality. In addition, using threshold test results we are able to show that positive and negative shocks to the economy do not have symmetric effects nor do the impacts of these shocks impact income quintiles uniformly

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Year of publication:	2009
Authors:	Hoover, Gary A.
Other Persons:	Giedeman, Daniel (contributor) ; Dibooglu, Sel (contributor)
Publisher:	[2009]: [S.l.] : SSRN
Subject:	Einkommensverteilung \| Income distribution \| Kointegration \| Cointegration \| Konjunktur \| Business cycle \| Schätzung \| Estimation
Description of contents:	Abstract [papers.ssrn.com]

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economic Systems, Vol. 33, No. 3, 2009 Volltext nicht verfügbar
Classification:	I32 - Measurement and Analysis of Poverty ; I39 - Welfare and Poverty. Other
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013155959