An Empirical Test of the Institutionalist View on Income Inequality
Economic Growth within the United States
Bibliographic Data
| ID | 2793819 |
|---|---|
| Authors | Carolyn B Rodríguez (0000-0001-6849-8050, California State University System, corresponding author), Clarence C Morrison (Indiana University, corresponding author) |
| Year | 2000 |
| Volume | 59 |
| Issue | 2 |
| Pages | 315-333 |
| Publication date | 2000-04-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | American Journal of Economics and Sociology (JOURNAL) |
| Journal identifiers | ISSN: 0002-9246 • E-ISSN: 1536-7150 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/1536-7150.00029 |
| OpenAlex | W1795045712, W2086901958 |
| Language | EN |
| Citations received | 1 |
This paper analyzes the relationship between income inequality and economic growth within the United States using state level data. It describes income inequality in the U.S. since 1960, then employs a two-step causal model to test the institutionalist contention that income inequality leads to socio-political instability, which has a negative impact on economic progress. The empirical results offer support for the institutionalist view
Dividend · Economic inequality · Economics · Empirical research · Full employment · General equilibrium theory · Impermanence · Income distribution · Income inequality metrics · Inequality · Inflation (cosmology) · Institutional economics · Keynesian economics · Labour economics · Macroeconomics · Neoclassical economics · Political instability · Political science · Politics · State (computer science) · Test (biology) · Underemployment · Unemployment · Wage · Economic theories and models · Economic Theory and Institutions · Economic Theory and Policy · Income, Poverty, and Inequality · Law · Mathematics
| Citations per year | 0.04 |
|---|---|
| Citation span | 2002 - 2002 (1) |
| Highly cited | No |