Muhammad, Shahbaz; Faridul, Islam; Muhammad Sabihuddin, Butt - Volkswirtschaftliche Fakultät, … - 2011
Model (VECM) for the short run dynamics. We also test the Kuznets inverted-U relation between income inequality and economic … growth. We find long run relationship among the series; and that nominal devaluation worsens income inequality. Though … income distribution. Inflation lowers income inequality but unemployment aggravates it in Pakistan. …