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|Title:||What do panel data say on inequality and GDP? New evidence at US state-level|
|Keywords:||Inequality;GDP;Panel data;Interactive fixed effects|
|Abstract:||This paper investigates the empirical relationship between inequality and per capita GDP for the US using panel data for 50 states over the period 1960-2015. The paper uses new recently released data for inequality and a novel panel estimator with interactive fixed effects. The empirical results seem to suggest the existence of a S-shaped relationship between inequality and per capita GDP.|
|Appears in Collections:||Dept of Economics and Finance Research Papers|
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