Analyzing the Causal Relationships between Economic Growth, Income Inequality, and Transmission Channels: New Empirical Evidences from Iran
Mehdi Hajamini
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Mehdi Hajamini: Department of Economics, Yazd University
Journal of Money and Economy, 2020, vol. 15, issue 3, 313-342
Abstract:
This paper investigates causal relations between economic growth, income inequality, and transmission channels during the period 1972 to 2016. These channels include saving rate, investment rate, redistribution policies, human capital, and conspicuous consumption. There is no strong evidence that supports uni-directional or bi-directional causality. In addition, some of the transmission
Keywords: Economic Growth; Income Inequality; Transmission Channels; Causality (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:mbr:jmonec:v:15:y:2020:i:3:p:313-342
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