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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Xehetasun bibliografikoak
Egile nagusia: Ranciere, Romain
Beste egile batzuk: Kumhof, Michael, Lebarz, Claire, Throckmorton, Nathaniel
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2012.
Saila:IMF Working Papers; Working Paper ; No. 2012/008
Sarrera elektronikoa:Full text available on IMF