Econometric Analysis of Inequality
| Author: | Bc. Pavel Munduch |
|---|---|
| Year: | 2018 - winter |
| Leaders: | doc. Ing. Tomáš Cahlík CSc. |
| Consultants: | |
| Work type: | Bachelors |
| Language: | English |
| Pages: | 58 |
| Awards and prizes: | |
| Link: | https://is.cuni.cz/webapps/zzp/detail/193563/ |
| Abstract: | This bachelor thesis aims to explore the contemporary issue of income inequality/equality inEuropean context. Exploring the already existing literature and looking at unbalanced panel data from 41 European countries and observations from the 1992-2014 period,this works seeks for any systematic evidence of causal determinants in regards to incresing or reducing income inequality. Variables such economic growth, education, religion, tax, democracy or corruption are included in the analysis. After carrying out the process of choosing fitting model, testing for serial correlation or heteroskedasticity and applying robust errors, the significant effects turned to be present in trade, taxes, corruption and democracy areas. Implying that increase in trade to GDP ratio, improvingdemocracy,fighting corruptionandincreasedtax incomes resultin lower income inequality. |
