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Inequality and government debt: Evidence from OECD panel data
2021年04月05日    编辑:    浏览量:    


发表期刊:Economics Letters

作者:罗伟杰

摘要:This paper analyzes how government debt can be caused by changes in the income distribution. Unlike Azzimonti et al. (2014), I distinguish between income inequality induced by differences in labor productivity and income inequality induced by differences in capital income, utilizing the Luxembourg Income Study. Using data for OECD countries, an increase in labor income inequality leads to higher debt level whilst capital income inequality is negatively associated with debt.

关键词:Capital incomeInequality, Government debt

引用:Luo W. Inequality and government debt: Evidence from OECD panel data[J]. Economics Letters, 2020, 186: 108869.

文章链接:

https://www.sciencedirect.com/science/article/abs/pii/S0165176519304380