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O'Neill, Donal, Doris, Aedin and Sweetman, Olive (2008) Does Growth Affect the Nature of Inequality? Ireland 1991-2001. UNSPECIFIED. (Unpublished)
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Abstract
Much has been written about the relationship between economic growth and aggregate inequality in recent years. In this paper we extend this literature by examining whether economic growth affects, not the level, but rather the nature of inequality. To do this we focus on the Irish economy which experienced a remarkable boom starting in 1994. We analyse the covariance structure of earnings in Ireland to examine whether this rapid growth affected earnings dynamics over the period. Using panel data for the years 1994-2001, we show that, while permanent inequality in Ireland is high, the degree of persistence of inequality was not significantly affected by the rapid growth in the economy.
| Item Type: | Other |
|---|---|
| Keywords: | Permanent and Transitory Inequality. |
| Academic Unit: | Faculty of Social Sciences > Economics, Finance and Accounting |
| Item ID: | 1031 |
| Depositing User: | Ms Sandra Doherty |
| Date Deposited: | 16 Jul 2008 |
| Refereed: | No |
| Related URLs: | |
| URI: | https://mural.maynoothuniversity.ie/id/eprint/1031 |
| Use Licence: | This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available here |
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