The title "Income Inequality and Economic Growth: Empirical Analysis" underscores the pivotal relationship between income distribution and overall economic prosperity. This paper delves into an empirical analysis of the complex interplay between income inequality and economic growth. Utilizing a comprehensive dataset spanning various countries and time periods, the study examines the extent to which changes in income inequality correlate with fluctuations in economic growth rates. The analysis employs robust statistical methods to control for endogeneity and other potential confounding factors. The findings suggest that while income inequality can initially stimulate economic growth, it may eventually hinder long-term prosperity. This paper underscores the need for policies that address income disparities to ensure sustainable and equitable economic development.
Thomas, E. (2022). Income Inequality and Economic Growth: Empirical Analysis. Economics and Finance Research Letters, 4(2), 35. doi:10.69610/j.efrl.20221226
ACS Style
Thomas, E. Income Inequality and Economic Growth: Empirical Analysis. Economics and Finance Research Letters, 2022, 4, 35. doi:10.69610/j.efrl.20221226
AMA Style
Thomas E. Income Inequality and Economic Growth: Empirical Analysis. Economics and Finance Research Letters; 2022, 4(2):35. doi:10.69610/j.efrl.20221226
Chicago/Turabian Style
Thomas, Emma 2022. "Income Inequality and Economic Growth: Empirical Analysis" Economics and Finance Research Letters 4, no.2:35. doi:10.69610/j.efrl.20221226
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ACS Style
Thomas, E. Income Inequality and Economic Growth: Empirical Analysis. Economics and Finance Research Letters, 2022, 4, 35. doi:10.69610/j.efrl.20221226
AMA Style
Thomas E. Income Inequality and Economic Growth: Empirical Analysis. Economics and Finance Research Letters; 2022, 4(2):35. doi:10.69610/j.efrl.20221226
Chicago/Turabian Style
Thomas, Emma 2022. "Income Inequality and Economic Growth: Empirical Analysis" Economics and Finance Research Letters 4, no.2:35. doi:10.69610/j.efrl.20221226
APA style
Thomas, E. (2022). Income Inequality and Economic Growth: Empirical Analysis. Economics and Finance Research Letters, 4(2), 35. doi:10.69610/j.efrl.20221226
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References
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