Income Inequality and Inflation in the EU

Thalassinos, Eleftherios; Uğurlu, Erginbay; Muratoğlu, Yusuf

doi:10.35808/ersj/347

Cited by 90 publications

(73 citation statements)

References 32 publications

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“…In particular, government' policies through the government's pro-poor expenditures reduce income inequality in emerging and developing countries (EMDCs) and Pakistan and India. Munir[7] also indicate that urbanization and globalization significantly affect income distribution.Also, Thalassinos et al,[15] and Monnin[9] observe the relation between inflation rate and income inequality in 13 European countries for the 2000-2009 period and 10 OECD countries for the 1971-2010 period. Thalassinos et al[15] identify that inflation will positively affect income inequality.…”

mentioning

confidence: 95%

“…Munir[7] also indicate that urbanization and globalization significantly affect income distribution.Also, Thalassinos et al,[15] and Monnin[9] observe the relation between inflation rate and income inequality in 13 European countries for the 2000-2009 period and 10 OECD countries for the 1971-2010 period. Thalassinos et al[15] identify that inflation will positively affect income inequality. Meanwhile,[9] reports the U-shaped relationship between income inequality and inflation rate.…”

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confidence: 95%

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Does Financial Technology Affect Income Inequality in Indonesia?

Saraswati

Maski

Kalug

et al. 2020

KSS

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confidence: 95%

Does Financial Technology Affect Income Inequality in Indonesia?

Saraswati

Maski

Kalug

et al. 2020

KSS

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“…Financial institutions, which are the key intermediaries in the financial system, faced a systematic risk that froze and decreased the capital in the real economy. The subprime mortgages were designed with an interest payment, whereby the mortgagees were planning to refinance to avoid increased mortgages rates (Acharya and Philippo, 2009 ;Liapis et al, 2013;Thalassinos, 2013;Thalassinos et al, 2012;Thalassinos et al, 2014;Thalassinos et al, 2015;). Some of our research questions are the following: • What characterizes a financial crisis according to literature?…”

Section: Literature Reviewmentioning

confidence: 99%

Model of Relationship Marketing and Power Asymmetry in Indonesia Retail Industry

Anton¹,

Basu²,

Purwanto³

et al. 2015

IJEBA

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The recent financial crisis has caused a considerable slowdown in most developed countries and has also affected financial markets and growth prospects in developing countries. As the stock market is considered the barometer of any real activity, the first signs of the financial crisis were visible through the changes registered by the above performance indicators that characterized the stock markets.The main aim of this paper is to analyze the performance of the stock market indicators during the recent financial crisis in several countries. In fact the paper is emphasizing the different ways in which the recent crisis has influenced countries with a mature capital market, as the Western European countries, Japan and the USA, and how their turn has affected the emerging ones, as the Central and Eastern European countries.The study refers to a sample of ten selected countries and through an empirical analysis of selected indicators, such as market capitalization, turnover, share price indices and other main indicators that reflect the performance of the whole capital market provides a chronological explanation of the evolution of the events on each market during the crisis period.

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“…Therefore, the imposition of excise tax on alcoholic beverages and non-alcoholic packed drinks might not be effective in controlling consumption. Other researhers have proposed models for convergence in several sectors (Katrakilidis et al, 2017;Thalassinos et al, 2012). This paper aims to examine household demand for alcoholic and non-alcoholic packed beverages in Vietnam and identify its determinants.…”

Section: Introductionmentioning

confidence: 99%

The Determinants of an Econometric Demand Model for Beverages

Toan¹

2020

IJEBA

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Purpose:The study attempts to explore the determinants of demand for alcoholic and other beverages to see how a rise in prices of alcohol and other beverages and in household expenditure would influence demand. From the results, we discuss the effectiveness of a prospective excise tax increase on demand for alcoholic and other beverages. Design/Methodology/Approach: We use the Almost Ideal Demand System to analyze the demand for alcoholic and other beverages. A two-stage estimation approach is employed to estimate the model with data from Vietnam Households Living Standard survey in 2016. In the first stage, we model the choice of consuming or not consuming by a probit regression model. In the second stage, we estimate the demand system by seemingly unrelated regression (SUR). Findings: We find that demand for beer, other alcoholic beverages, and non-alcoholic packed drinks is elastic to own-price. However, as demand for beer and non-alcoholic packed drinks is also elastic to income, consumption would rise as income grows. Practical implications: Our findings have significant implications for policymakers and beverage producers. The findings suggest that an increase in excise tax would be an effective solution to control demand for alcoholic beverages. Beverage producers could also use the results to design pricing strategies and forecast consumer behaviors. Originality/Value: We contribute new findings to the literature of beverage demand analyses. Our findings differ from those in previous studies in the context of both developed and developing countries, which show that demand for alcoholic beverages is inelastic to own-prices. The findings have important implications for policymakers and beverage producers.

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Income Inequality and Inflation in the EU

Cited by 90 publications

References 32 publications

Does Financial Technology Affect Income Inequality in Indonesia?

Does Financial Technology Affect Income Inequality in Indonesia?

Model of Relationship Marketing and Power Asymmetry in Indonesia Retail Industry

The Determinants of an Econometric Demand Model for Beverages

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