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This study aims to accomplish three main tasks. Firstly, it seeks to determine the more appropriate choice between classical and Bayesian methods in estimating a pooled panel kink regression model under the condition of a known but bounded policy variable choice that serves as a kink point....
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inequality data of World Inequality Database (WID) and Standardized World Income Inequality (SWIID) for 82 countries over 2000 … inequality; nonetheless, the inequality effects of both factors are seemingly investigated separately. We hypothesize that … economic freedom viewed as an institutional improvement or distortion has comparatively larger effects on inequality than the …
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