Questions surrounding income inequality have received much attention in recent economic literature. The effects of the imports of manufactured goods on income inequality in developing countries are found to be inconclusive in the existing literature. This study proposes a “threshold effect”...

Using the European Community Household Panel (1994-2001), random effects models are estimated to assess the effect of income inequality on individuals' health. The individual's health status is measured by self assessment responses and by relatively objective measures of health. Country-level...

This study focuses on testing the relationship between income inequality and economic growth within counties in the United States, and the channels through which the effects of a relationship are observed. Based on a system of equations estimation, the empirical results confirm the hypotheses...

We use the methodology developed in a previous study to individualise all incomes reported in the European Union Statistics on Income and Living Conditions (2006). Based on individual incomes we compute financial-dependency rates which are compared with the household-level at-risk-of-poverty...

In this study, the empirical contents of various income inequality measures are compared under an identical framework with a well-tested data set. Our study suggests that long-term income inequality has a strong negative effect on Gross Domestic Product (GDP) growth under different measurements....

We use Seemingly Unrelated Regressions (SUR), to explore the impact of three different measures of economic activity – growth in Gross Domestic Product (GDP), unemployment, and manufacturing employment – on poverty among whites, blacks and Hispanics in the United States. This...

Most models of income dynamics are set in a discrete-time framework with an arbitrarily chosen accounting period. This article introduces a continuous-time stochastic model of income flows, without the need to define an accounting period. Our model can be estimated using unbalanced panel data...

This article uses a unique panel data set of rural El Salvador to investigate the main sources of persistence and variability in incomes. Our econometric framework validly reduces a general panel model to a dynamic linear model with a covariance structure that can be estimated efficiently with...

We present a model in which there is a variety of consumption goods, of which high-income individuals purchase the expensive ones that low-income individuals cannot afford. Increases in the relative supply of skilled workers suggest relative increases in the number of high-income individuals in...

In this article we examine the dynamic causal relationship between economic growth, employment, and poverty reduction in South Africa – using the Auto-Regressive Distributed Lag (ARDL) bounds testing procedure. The study attempts to answer one critical question: does economic growth in...