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Social Indicators Research

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23.12.2016

The Impact of Country Risk on Income Inequality: A Multilevel Analysis

verfasst von: Chi-Chuan Lee, Chien-Chiang Lee

Erschienen in: Social Indicators Research | Ausgabe 1/2018

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Abstract

This paper investigates the influence of country risks, including economic, financial, and political risks, on income inequality for a broad sample of 110 countries. Our empirical results reveal that higher economic and political risks generally lead to higher inequality. Lower income country appears to have higher income inequality. Furthermore, with the consideration of the non-monotonic effect of country risk, the improvement of income distribution is only sustainable dynamically after a certain threshold level of country risk has been brought down. Policymakers should improve the level of country stability by exploring the benefits of country risk reduction in order to improve income distribution.

Vorheriger Artikel Estimation of Joint Income-Wealth Poverty: A Sensitivity Analysis

Nächster Artikel The Degree of Poverty Persistence and the Role of Regional Disparities in Italy in Comparison with France, Spain and the UK

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Titel: The Impact of Country Risk on Income Inequality: A Multilevel Analysis
verfasst von: Chi-Chuan Lee
Chien-Chiang Lee
Publikationsdatum: 23.12.2016
Verlag: Springer Netherlands
Erschienen in: Social Indicators Research / Ausgabe 1/2018
Print ISSN: 0303-8300
Elektronische ISSN: 1573-0921
DOI: https://doi.org/10.1007/s11205-016-1534-8

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