An Empirical Test of the Inequality Trap Concept

Caroline Daymon and Céline Gimet
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Caroline Daymon: CEFI - Centre d'économie et de finances internationales - Université de la Méditerranée - Aix-Marseille 2 - CNRS - Centre National de la Recherche Scientifique

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Abstract: The paper uses a GMM estimation to prove the impact of equity on inequality persistence which suggests the presence of inequality trap, and underline the significant influence of the credit market, wealth and education access initial levels.

Keywords: Inequality Trap; GMM estimation (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (2)

Published in Economics Letters, 2009, 105 (2), pp.165-167. ⟨10.1016/j.econlet.2009.07.006⟩

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Journal Article: An empirical test of the inequality trap concept (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00451516

DOI: 10.1016/j.econlet.2009.07.006

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