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Economic globalisation, inequality and the role of social protection

Andreas Bergh (), Alexandre Kolev and Caroline Tassot
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Alexandre Kolev: OECD Development Centre
Caroline Tassot: OECD Development Centre

No 341, OECD Development Centre Working Papers from OECD Publishing

Abstract: This paper examines the link between economic globalisation, social protection expenditure, and within-country income inequality. We examine the relationship using income inequality data from both the Luxembourg Income Study (LIS) and the Standardized World Income Inequality Database (SWIID). The results based on the LIS data confirm previous findings that economic globalisation, especially economic flows, associates with higher income inequality, and that social protection expenditure are negatively associated with inequality.

Keywords: Globalisation; Income Inequality; Social Protection (search for similar items in EconPapers)
JEL-codes: D63 F61 H53 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-int and nep-pke
Date: 2017-12-04
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