Journal Article
No. 2020-1 | January 20, 2020
Re-examining inequality persistence

Abstract

Although it is not a new phenomenon, in recent years inequality has moved to the top of the political agenda given the concern that will result in political instability
and social resentment. Persistence in inequality can further undermine economic growth and development by hindering educational opportunities, human capital
formation, and intergenerational mobility. The persistent nature of inequality stands as one of the most serious challenges for the global economy. This paper
analyses inequality persistence for a sample of 60 countries from 1984 to 2015. The authors conclude that inequality is persistent and government redistribution polices through taxes and transfers did not significantly reduce inequality persistence.

JEL Classification:

C23, D63

Assessment

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Links

Cite As

Atanu Ghoshray, Mercedes Monfort, and Javier Ordóñez (2020). Re-examining inequality persistence. Economics: The Open-Access, Open-Assessment E-Journal, 14 (2020-1): 1–9. http://dx.doi.org/10.5018/economics-ejournal.ja.2020-1


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