Opinion

Growing up, Bric by Bric



​​Earlier studies evaluated that income inequality first increases and later decreases with the average level of income. However, Barro and Fischer concluded that there is no evidence of a strong relationship between income level and income inequality. Blejer and Guerrero (1988) came up with the evidence that underemployment, inflation and government expenditure are strongly regressive, while a depreciation of the exchange rates tends to reduce inequality.



READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.