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008 | 230301d2022 cy ||||| m||| 00| 0 eng d | ||
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_aCY-NiCIU _beng _cCY-NiCIU _erda |
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041 | _aeng | ||
090 |
_aYL 2739 _bB23 2022 |
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100 | 1 | _aBadeji, Mariam Adedamola | |
245 | 1 | 4 |
_aTHE RELATIONSHIP BETWEEN ECONOMIC GROWTH AND INCOME INEQUALITY / _cMARIAM ADEDAMOLA BADEJI; SUPERVISOR: ASST. PROF. DR. HASAN RUSTEMOGLU |
264 | _c2022 | ||
300 |
_a90 sheets; _c31 cm. _eIncludes CD |
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336 |
_2rdacontent _atext _btxt |
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337 |
_2rdamedia _aunmediated _bn |
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338 |
_2rdacarrier _avolume _bnc |
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502 | _aThesis (MSc) - Cyprus International University. Institute of Graduate Studies and Research Economics Department | ||
504 | _aIncludes bibliography (sheets 49-54) | ||
520 | _aABSTRACT This research investigated the relationship between income inequality and economic growth by examining the role of human capital thus giving this research a different perspective that has long been overlooked by previous studies. The Organization for Economic Cooperation and Development (OECD) nations includes developed as well as developing nations therefore, fashioned appropriately as the case study for this research seeing as we observe inequality – in pay, income, gender etc. – even in the most developed nations. Although the OECD economies jointly have in their capacity a great economic advancement both technologically and in terms of the monetary system, they seem to lack the proper equipment when it pertains to mitigating the effects of the great disparities amongst their citizens as a result of income inequality. Thus, this research attempt to determine how much of an effect income inequality has on economic growth by examining the role of human capital within the periods of 1990 – 2020. Using an unbalanced panel data for 38 OECD nations we ran descriptive analysis and other forms of regressions by estimating the simple growth model put forward by Solow (1956) in his literature. Multipliers like Pagan Lagrangian and Breusch test were ran in other to determine if pooled OLS Regression or Random effects model were the best model to analyze The Fixed Effects Model (FEM). These tests carried out showed that inequality does have a negative effect on the economic growth with the OECD community. According to the panel cointegration test done it was determined that there is a long-term association between income inequality and economic growth. Keywords: Development, Economic Growth, Gini Coefficient, Human Capital Income Inequality, Kuznets Curve | ||
650 | 0 |
_aEconomic development _vDissertations, Academic |
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650 | 0 |
_aHuman capital _vDissertations, Academic |
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650 | 0 |
_aIncome distribution _vDissertations, Academic |
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650 | 0 |
_aGini coefficient _vDissertations, Academic |
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700 | 1 |
_aRüstemoğlu, Hasan _esupervisor |
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942 |
_2ddc _cTS |
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_c289825 _d289825 |