Analyzing the Role of Macroeconomic Instability on Income Inequality in Iran
Since income inequality can affect individuals’ lives economically, socially, and environmentally, analyzing variables influencing income inequality is of great importance. Considering the fact that studies in Iran underestimate the role of the asymmetric macroeconomic instability on income inequali...
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| Format: | Article |
| Language: | fas |
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Tarbiat Modares University
2021-11-01
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| Series: | پژوهشهای اقتصادی |
| Subjects: | |
| Online Access: | http://ecor.modares.ac.ir/article-18-48402-en.pdf |
| _version_ | 1827924919873175552 |
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| author | Shahryar Zaroki Mohammad Abdi Seyyedkolaee Arman Yousefi barfurushi |
| author_facet | Shahryar Zaroki Mohammad Abdi Seyyedkolaee Arman Yousefi barfurushi |
| author_sort | Shahryar Zaroki |
| collection | DOAJ |
| description | Since income inequality can affect individuals’ lives economically, socially, and environmentally, analyzing variables influencing income inequality is of great importance. Considering the fact that studies in Iran underestimate the role of the asymmetric macroeconomic instability on income inequality, this study attempts to analyze the asymmetric effect of macroeconomic instability on income inequality in Iran. To this aim, a non-linear autoregressive distributed lags model has been used over the period 1971-2018. The results indicate that in both symmetric and asymmetric models, macroeconomic instability has a direct effect on income distribution. It means that based on the asymmetric model, increases in macroeconomic instability raise the income inequality (unfavorable effect), and decreases in it reduce the income inequality (favorable effect). In terms of effect size, decreases in macroeconomic instability affect income inequality more than increases in it. In addition, in both asymmetric and symmetric models, an increase in direct tax or energy price reduces the income inequality, while an increase in indirect tax raises income inequality. Furthermore, the Kuznets hypothesis is not rejected in this study. |
| first_indexed | 2024-03-13T05:17:44Z |
| format | Article |
| id | doaj.art-f4d915b20a59452d8648454e5e1cddca |
| institution | Directory Open Access Journal |
| issn | 1735-6768 2980-7832 |
| language | fas |
| last_indexed | 2024-03-13T05:17:44Z |
| publishDate | 2021-11-01 |
| publisher | Tarbiat Modares University |
| record_format | Article |
| series | پژوهشهای اقتصادی |
| spelling | doaj.art-f4d915b20a59452d8648454e5e1cddca2023-06-15T20:25:42ZfasTarbiat Modares Universityپژوهشهای اقتصادی1735-67682980-78322021-11-012143766Analyzing the Role of Macroeconomic Instability on Income Inequality in IranShahryar Zaroki0Mohammad Abdi Seyyedkolaee1Arman Yousefi barfurushi2 Associate Professor in Economics, University of Mazandaran Assistant Professor in Economics, University of Mazandaran M.A. in Economics Science, University of Mazandaran Since income inequality can affect individuals’ lives economically, socially, and environmentally, analyzing variables influencing income inequality is of great importance. Considering the fact that studies in Iran underestimate the role of the asymmetric macroeconomic instability on income inequality, this study attempts to analyze the asymmetric effect of macroeconomic instability on income inequality in Iran. To this aim, a non-linear autoregressive distributed lags model has been used over the period 1971-2018. The results indicate that in both symmetric and asymmetric models, macroeconomic instability has a direct effect on income distribution. It means that based on the asymmetric model, increases in macroeconomic instability raise the income inequality (unfavorable effect), and decreases in it reduce the income inequality (favorable effect). In terms of effect size, decreases in macroeconomic instability affect income inequality more than increases in it. In addition, in both asymmetric and symmetric models, an increase in direct tax or energy price reduces the income inequality, while an increase in indirect tax raises income inequality. Furthermore, the Kuznets hypothesis is not rejected in this study.http://ecor.modares.ac.ir/article-18-48402-en.pdfincome inequalitymacroeconomic instabilityasymmetric approachiran |
| spellingShingle | Shahryar Zaroki Mohammad Abdi Seyyedkolaee Arman Yousefi barfurushi Analyzing the Role of Macroeconomic Instability on Income Inequality in Iran پژوهشهای اقتصادی income inequality macroeconomic instability asymmetric approach iran |
| title | Analyzing the Role of Macroeconomic Instability on Income Inequality in Iran |
| title_full | Analyzing the Role of Macroeconomic Instability on Income Inequality in Iran |
| title_fullStr | Analyzing the Role of Macroeconomic Instability on Income Inequality in Iran |
| title_full_unstemmed | Analyzing the Role of Macroeconomic Instability on Income Inequality in Iran |
| title_short | Analyzing the Role of Macroeconomic Instability on Income Inequality in Iran |
| title_sort | analyzing the role of macroeconomic instability on income inequality in iran |
| topic | income inequality macroeconomic instability asymmetric approach iran |
| url | http://ecor.modares.ac.ir/article-18-48402-en.pdf |
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