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Does income inequality increase marginal propensity to consume?
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| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Rhee, Dong-Eun | - |
| dc.contributor.author | Kim, Hyoungjong | - |
| dc.date.accessioned | 2021-09-02T21:29:17Z | - |
| dc.date.available | 2021-09-02T21:29:17Z | - |
| dc.date.created | 2021-06-16 | - |
| dc.date.issued | 2018 | - |
| dc.identifier.issn | 1350-4851 | - |
| dc.identifier.uri | https://scholar.korea.ac.kr/handle/2021.sw.korea/81062 | - |
| dc.description.abstract | This article empirically investigates the effects of income inequality on the marginal propensity to consume (MPC), using panel data of 22 OECD countries over the period 1994-2015. We find that MPC increases dramatically as income inequality increases. In subsample analyses, the MPC of a high inequality group is more than twice that of a low inequality group. | - |
| dc.language | English | - |
| dc.language.iso | en | - |
| dc.publisher | ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD | - |
| dc.subject | PRIVATE CONSUMPTION | - |
| dc.subject | GOVERNMENT DEBT | - |
| dc.subject | OECD COUNTRIES | - |
| dc.title | Does income inequality increase marginal propensity to consume? | - |
| dc.type | Article | - |
| dc.contributor.affiliatedAuthor | Rhee, Dong-Eun | - |
| dc.identifier.doi | 10.1080/13504851.2017.1412067 | - |
| dc.identifier.scopusid | 2-s2.0-85036607023 | - |
| dc.identifier.wosid | 000437327300008 | - |
| dc.identifier.bibliographicCitation | APPLIED ECONOMICS LETTERS, v.25, no.17, pp.1218 - 1221 | - |
| dc.relation.isPartOf | APPLIED ECONOMICS LETTERS | - |
| dc.citation.title | APPLIED ECONOMICS LETTERS | - |
| dc.citation.volume | 25 | - |
| dc.citation.number | 17 | - |
| dc.citation.startPage | 1218 | - |
| dc.citation.endPage | 1221 | - |
| dc.type.rims | ART | - |
| dc.type.docType | Article | - |
| dc.description.journalClass | 1 | - |
| dc.description.journalRegisteredClass | ssci | - |
| dc.description.journalRegisteredClass | scopus | - |
| dc.relation.journalResearchArea | Business & Economics | - |
| dc.relation.journalWebOfScienceCategory | Economics | - |
| dc.subject.keywordPlus | PRIVATE CONSUMPTION | - |
| dc.subject.keywordPlus | GOVERNMENT DEBT | - |
| dc.subject.keywordPlus | OECD COUNTRIES | - |
| dc.subject.keywordAuthor | Income inequality | - |
| dc.subject.keywordAuthor | consumption function | - |
| dc.subject.keywordAuthor | Marginal propensity to consume | - |
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