000 03046nam a22003137a 4500
003 KOHA
005 20230414092951.0
008 230301d2022 cy ||||| m||| 00| 0 eng d
040 _aCY-NiCIU
_beng
_cCY-NiCIU
_erda
041 _aeng
090 _aYL 2739
_bB23 2022
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
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
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
650 0 _aHuman capital
_vDissertations, Academic
650 0 _aIncome distribution
_vDissertations, Academic
650 0 _aGini coefficient
_vDissertations, Academic
700 1 _aRüstemoğlu, Hasan
_esupervisor
942 _2ddc
_cTS
999 _c289825
_d289825