Unlocking the Puzzle
Exploring Income Inequality and Uncertainty in Asian Nations
Datos Bibliográficos
| ID | 6445839 |
|---|---|
| Autores | Cong Minh Huynh (0000-0001-8169-5665, Eastern International University), Khanh Nam Pham (University of Economics Ho Chi Minh City) |
| Año | 2025 |
| Volumen | 17 |
| Número | 1 |
| Fecha de publicación | 2025-03-01 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | Poverty & Public Policy (JOURNAL) |
| Identificadores de la revista | ISSN: 1944-2858 • E-ISSN: 2194-6027 |
| Editorial | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/pop4.70000 |
| OpenAlex | W4408309697 |
| Idioma | EN |
| Referencias citadas | 57 |
In a comprehensive study across 32 Asian countries and territories spanning 2002–2018, we unveil the surprising impact of uncertainty on income inequality. Contrary to conventional expectations, our analysis reveals a fascinating trend: heightened uncertainty appears to wield a dual impact on income distribution. While it diminishes the income shares of both the richest and the poorest segments of society, the reduction is far more pronounced among the wealthiest quintile. Surprisingly, this outcome leads to a lessening of income inequality. The results are robust with fixed effects, feasible generalized least squares, and especially panel vector autoregression (PVAR) to tackle endogeneity concerns. The findings imply that in a more stable environment, the rich enjoy a higher growth of income than the poor, while in higher uncertainty, the income of the rich drops more dramatically than that of the poor. Thus, policymakers should take this into consideration for appropriately making income redistribution policies during normal and crisis periods, especially considering the varying impact of uncertainty on different segments of society
Development economics · Economic inequality · Economics · Income distribution · Income inequality metrics · Inequality · Agricultural risk and resilience · Income, Poverty, and Inequality · Mathematics · Monetary Policy and Economic Impact
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| Velocidad de citación | historical |
|---|---|
| Altamente citado | No |