On factor decomposition of cross-country income inequality: some extensions and qualifications

2001 ◽  
Vol 70 (3) ◽  
pp. 303-309 ◽  
Author(s):  
Francisco J. Goerlich Gisbert
Keyword(s):  
Income Inequality ◽  
Factor Decomposition ◽  
Cross Country

scholarly journals Factor decomposition of cross-country income inequality, 1960–1990

1998 ◽  
Vol 60 (3) ◽  
pp. 269-275 ◽  
Author(s):  
Juan Antonio Duro ◽  
Joan Esteban
Keyword(s):  
Income Inequality ◽  
Factor Decomposition ◽  
Cross Country

scholarly journals International Income Inequality: Measuring PPP Bias by Estimating Engel Curves for Food

2012 ◽  
Vol 102 (2) ◽  
pp. 1093-1117 ◽  
Author(s):  
Ingvild Almås
Keyword(s):  
Income Inequality ◽  
Purchasing Power Parity ◽  
Price Index ◽  
Consumer Price Index ◽  
Purchasing Power ◽  
Power Parity ◽  
Established Method ◽  
Engel Curves ◽  
Penn World Table ◽  
Cross Country

Purchasing power–adjusted incomes applied in cross-country comparisons are measured with bias. This paper estimates the purchasing power parity (PPP) bias in Penn World Table incomes and provides corrected incomes. The bias is substantial and systematic: the poorer a country, the more its income tends to be overestimated. Consequently, international income inequality is substantially underestimated. The methodological contribution is to exploit the analogies between PPP bias and the bias in consumer price index (CPI) numbers. The PPP bias and subsequent corrected incomes are measured by estimating Engel curves for food, an established method of measuring CPI bias. JEL: C43, D31, E31, O11, O12

scholarly journals Capital account liberalization and income inequality: a panel study of 28 European countries

2021 ◽  
Vol 24 (1) ◽  
Author(s):  
Muhammad Taufik Radhianshah ◽  
Akhmad Syakir Kurnia
Keyword(s):  
Income Inequality ◽  
Panel Study ◽  
Institutional Quality ◽  
Capital Account ◽  
Capital Account Liberalization ◽  
Financial Transaction ◽  
International Scope ◽  
Financial Depth ◽  
Cross Country

Financial globalization has evolved from domestic policy to international scope policy. One of its form is Capital account liberalization which we can observe from the declining number of restrictions among countries for cross-border financial transaction, and the increasing level of capital flow between countries. Europe cross-country financial transaction has been increasing for the last three decades and this increase happened simultaneously with the increase of income inequality as measured with Gini index. This condition gives impression that there is a positive correlation between income inequality and capital account liberalization. This research aims to study whether income inequality corresponds to the increase of capital account liberalization in 28 Europe countries. Furthermore, this research seeks to understand the role of institutional quality and financial depth as threshold variables. By employing System GMM Estimator on balanced panel data, this study finds that capital account liberalization positively correlated with income inequality and institutional quality proven to be important threshold variable. These findings emphasize the urgency for policy maker to consider institutional quality before or during the implementation of capital account liberalization.

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