教師資料查詢 | 類別: 期刊論文 | 教師: 顧廣平 KU KUANG-PING (瀏覽個人網頁)

標題:The effects of inflation and openness on inequality across alternative monetary regimes
學年103
學期2
出版(發表)日期2015/03/04
作品名稱The effects of inflation and openness on inequality across alternative monetary regimes
作品名稱(其他語言)
著者Chen, Yi-Heng; Huang, Ho-Chuan; Ku, Kuang-Ping
單位淡江大學產業經濟學系; 淡江大學財務金融學系
出版者Abingdon: Routledge
著錄名稱、卷期、頁數Applied Economics Letters 22(4), p.291-298
摘要This article provides the first empirical evidence by employing an endogenous switching regression model to investigate whether the adoption of inflation targeting (IT) alters the relationships between inflation and inequality as well as between openness and inequality. Using a large panel of countries over the 1980–2010 period, we find that policies aiming at stabilizing prices and opening to trade will benefit more from the reduction of income inequality, and the inequality-reducing effects are more pronounced in the IT countries. As a by-product, we find that the inverted-U relationship between inequality and development, that is, the Kuznets’ hypothesis, holds only in the Non-IT countries, not in the IT economies. The findings are unlikely to be driven by the presence of outliers, the use of estimators and the assumptions of errors distribution.
關鍵字inflation targeting;income inequality;inflation;trade openness
語言英文
ISSN1350-4851
期刊性質國外
收錄於SSCI;
產學合作
通訊作者Huang, Ho-Chuan
審稿制度
國別英國
公開徵稿
出版型式,電子版,紙本
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