The relationship between the inflation rate and inequality across U.S. states : a semiparametric approach
| dc.contributor.author | Balcilar, Mehmet | |
| dc.contributor.author | Chang, Shinhye | |
| dc.contributor.author | Gupta, Rangan | |
| dc.contributor.author | Miller, Stephen M. | |
| dc.date.accessioned | 2018-01-25T06:24:31Z | |
| dc.date.issued | 2018-01 | |
| dc.description.abstract | This paper uses a cross-state panel for the United States over the 1976–2007 period to assess the relationship between income inequality and the inflation rate. Employing a semiparametric instrument variable (IV) estimator, we find that the relationship depends on the level of the inflation rate. A positive relationship occurs only if the states exceed a threshold level of inflation rate. Below this value, inflation rate lowers income inequality. The results suggest that a nonlinear relationship exists between income inequality and the inflation rate. | en_ZA |
| dc.description.department | Economics | en_ZA |
| dc.description.embargo | 2019-01-09 | |
| dc.description.librarian | hj2018 | en_ZA |
| dc.description.uri | http://link.springer.com/journal/11135 | en_ZA |
| dc.identifier.citation | Balcilar, M., Chang, S., Gupta, R. et al. The relationship between the inflation rate and inequality across U.S. states: a semiparametric approach. Quality & Quantity (2018). https://doi.org/10.1007/s11135-017-0676-3. NYP. | en_ZA |
| dc.identifier.issn | 0033-5177 (print) | |
| dc.identifier.issn | 1573-7845 (online) | |
| dc.identifier.other | 10.1007/s11135-017-0676-3 | |
| dc.identifier.uri | http://hdl.handle.net/2263/63738 | |
| dc.language.iso | en | en_ZA |
| dc.publisher | Springer | en_ZA |
| dc.rights | © Springer Science+Business Media B.V., part of Springer Nature 2018. The original publication is available at : http://link.springer.comjournal/11135. | en_ZA |
| dc.subject | Income inequality | en_ZA |
| dc.subject | Inflation rate | en_ZA |
| dc.subject | Semiparametric instrumental variable estimation | en_ZA |
| dc.title | The relationship between the inflation rate and inequality across U.S. states : a semiparametric approach | en_ZA |
| dc.type | Postprint Article | en_ZA |