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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Ranciere, Romain
Weitere Verfasser: Kumhof, Michael, Lebarz, Claire, Throckmorton, Nathaniel
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2012.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2012/008
Online Zugang:Full text available on IMF