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...

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Hlavní autor: Ranciere, Romain
Další autoři: Kumhof, Michael, Lebarz, Claire, Throckmorton, Nathaniel
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2012.
Edice:IMF Working Papers; Working Paper ; No. 2012/008
On-line přístup:Full text available on IMF