DC Field | Value | Language |
---|---|---|
dc.contributor.author | Min, Hong-Ghi | ko |
dc.contributor.author | Shin, Sang-Ook | ko |
dc.contributor.author | McDonald, Judith A. | ko |
dc.date.accessioned | 2015-11-20T07:34:03Z | - |
dc.date.available | 2015-11-20T07:34:03Z | - |
dc.date.created | 2015-08-03 | - |
dc.date.created | 2015-08-03 | - |
dc.date.created | 2015-08-03 | - |
dc.date.issued | 2015-05 | - |
dc.identifier.citation | ANNALS OF ECONOMICS AND FINANCE, v.16, no.1, pp.115 - 141 | - |
dc.identifier.issn | 1529-7373 | - |
dc.identifier.uri | http://hdl.handle.net/10203/200746 | - |
dc.description.abstract | A simple model with non-homothetic preferences and purchasing-power parity for tradables shows that improved income inequality decreases the price of nontradables, resulting in a real depreciation. This hypothesized negative association between income inequality and the real exchange rate has robust empirical support from random- and fixed-effects models, dynamic panel estimations, and panel vector autoregressions. Thus, policies that improve a country's income distribution, by leading to a depreciation of the real exchange rate, may improve the competitiveness of its goods. However, this income inequality-real exchange rate relationship does not imply that dramatic redistributive policies will automatically bring about a real depreciation of the domestic currency. | - |
dc.language | English | - |
dc.publisher | WUHAN UNIV JOURNALS PRESS | - |
dc.subject | PANEL-DATA | - |
dc.subject | TRADE | - |
dc.subject | DETERMINANTS | - |
dc.subject | INFLATION | - |
dc.subject | MODELS | - |
dc.title | Income Inequality and the Real Exchange Rate: Linkages and Evidence | - |
dc.type | Article | - |
dc.identifier.wosid | 000357391400006 | - |
dc.identifier.scopusid | 2-s2.0-84928660471 | - |
dc.type.rims | ART | - |
dc.citation.volume | 16 | - |
dc.citation.issue | 1 | - |
dc.citation.beginningpage | 115 | - |
dc.citation.endingpage | 141 | - |
dc.citation.publicationname | ANNALS OF ECONOMICS AND FINANCE | - |
dc.contributor.localauthor | Min, Hong-Ghi | - |
dc.contributor.nonIdAuthor | Shin, Sang-Ook | - |
dc.contributor.nonIdAuthor | McDonald, Judith A. | - |
dc.type.journalArticle | Article | - |
dc.subject.keywordAuthor | Income distribution | - |
dc.subject.keywordAuthor | Gini coefficient | - |
dc.subject.keywordAuthor | Price of nontradables | - |
dc.subject.keywordAuthor | Real exchange rate | - |
dc.subject.keywordAuthor | Real depreciation | - |
dc.subject.keywordAuthor | Income distribution | - |
dc.subject.keywordAuthor | Gini coefficient | - |
dc.subject.keywordAuthor | Price of nontradables | - |
dc.subject.keywordAuthor | Real exchange rate | - |
dc.subject.keywordAuthor | Real depreciation | - |
dc.subject.keywordPlus | PANEL-DATA | - |
dc.subject.keywordPlus | TRADE | - |
dc.subject.keywordPlus | DETERMINANTS | - |
dc.subject.keywordPlus | INFLATION | - |
dc.subject.keywordPlus | MODELS | - |
dc.subject.keywordPlus | PANEL-DATA | - |
dc.subject.keywordPlus | TRADE | - |
dc.subject.keywordPlus | DETERMINANTS | - |
dc.subject.keywordPlus | INFLATION | - |
dc.subject.keywordPlus | MODELS | - |
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