Income Inequality and Current Account Imbalances /
This paper studies the empirical and theoretical link between increases in income inequality and increases in current account deficits. Cross-sectional econometric evidence shows that higher top income shares, and also financial liberalization, which is a common policy response to increases in incom...
| Main Author: | Ranciere, Romain |
|---|---|
| Other Authors: | Kumhof, Michael, Lebarz, Claire, Throckmorton, Nathaniel |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2012.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2012/008 |
| Online Access: | Full text available on IMF |
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