The effect of ıncome ınequalıty on aggregate savıng: A panel analysıs
Yükleniyor...
Dosyalar
Tarih
2009
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
İnönü Üniversitesi İktisadi ve İdari Bilimler Fakültesi
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
Savings problem has become a crucial issue since it is one of the reasons of today’s frequently-observed-financial crisis. There are several theories explaining this problem in the framework of consumption theory. Inequality in income distribution affects saving behavior. In this sense, our topic is substantial. As a matter of fact, if income inequality contracts savings, overcoming inequality should be held as a prior economic and social policy. In this study, the relationship between aggregate domestic savings as a ratio of GDP and GINI coefficient as an indicator of income inequality are tested under “Second Generation” type of panel cointegration analysis in order to take into account of the prospective existence of dependency between cross sectional units. The countries included in the analysis are grouped as developed, developing and miracle countries. Results reflect that the relationship depends on the country groups.
Açıklama
Anahtar Kelimeler
Saving, Income Distribution, Panel Cointegration Analysis
Kaynak
WoS Q Değeri
Scopus Q Değeri
Cilt
0
Sayı
0
Künye
Öztürkler, H. Deniz, P. (2009). The effect of ıncome ınequalıty on aggregate savıng: A panel analysıs. 1-13 ss.
