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Title: What do panel data say on inequality and GDP? New evidence at US state-level
Authors: Costantini, M
Paradiso, A
Keywords: Inequality;GDP;Panel data;Interactive fixed effects
Issue Date: 2018
Publisher: ELSEVIER
Citation: Economics Letters
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.
ISSN: 0165-1765
Appears in Collections:Dept of Economics and Finance Research Papers

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