Mind the wage gap: an empirical analysis of the impact of labour income inequality on economic growth

被引：0
|
作者：
Hasparyk, Rebecca Gramiscelli [1 ]
Ribeiro, Rafael Saulo Marques [2 ,3 ]
Bottega, Ana [4 ]
机构：
[1] Fed Univ Minas Gerais FACE UFMG, Fac Econ, Belo Horizonte, MG, Brazil
[2] Fed Univ Minas Gerais FACE CEDEPLAR UFMG, Fac Econ, Belo Horizonte, MG, Brazil
[3] Reg Planning Fed Univ Minas Gerais FACE CEDEPLAR U, Ctr Dev, Belo Horizonte, MG, Brazil
[4] Univ Sao Paulo FEA USP, Dept Econ, Sao Paulo, Brazil
来源：
REVIEW OF KEYNESIAN ECONOMICS | 2023年 / 11卷 / 01期
关键词：
wage inequality; growth; demand -led models; dynamic panel data; system GMM; LED DEMAND REGIMES; AGGREGATE DEMAND; PANEL-DATA; LONG-RUN; PROFIT; MODEL; UNEMPLOYMENT; ACCUMULATION;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This work aims to contribute to recent literature that empirically analyses the relationship between inequality in the labour market and economic growth. To do so, we measured wage inequality by using the ratio between the wages of the 10% of workers with the highest earnings and the wages of the bottom 40% of workers with the lowest earnings (10/40 ratio), capturing the wage gap between the two extreme classes of wage earners. We also used a panel data modelling approach, assuming that the main relationship studied is endogenous, and a sample with 189 countries in the period between 2004 and 2017. Our findings indicate a negative effect of wage inequality on economic growth.
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页码：10 / 30
页数：21
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