Research Article

CAUSALITY LINKAGES BETWEEN INCOME INEQUALITY AND FINANCIAL GLOBALIZATION FOR G7 COUNTRIES

Volume: 13 Number: 25 July 31, 2021
  • Orkun Çelik
TR EN

CAUSALITY LINKAGES BETWEEN INCOME INEQUALITY AND FINANCIAL GLOBALIZATION FOR G7 COUNTRIES

Abstract

The main aim of this study is to evaluate the causality linkages between income inequality and financial globalization for G7 countries over the period 1970-2015. The bootstrap panel Granger causality analysis by Kónya (2006) is used. The empirical results indicate that there is a causality linkage between income inequality and financial globalization in most of the G7 countries. Furthermore, it is shown that income tax has a significant role on the causality linkage. Hence, in order to reduce income inequality, policy makers should apply high taxes on top income, using fiscal policy instruments

Keywords

References

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Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Authors

Publication Date

July 31, 2021

Submission Date

May 7, 2020

Acceptance Date

June 17, 2021

Published in Issue

Year 2021 Volume: 13 Number: 25

APA
Çelik, O. (2021). CAUSALITY LINKAGES BETWEEN INCOME INEQUALITY AND FINANCIAL GLOBALIZATION FOR G7 COUNTRIES. Finansal Araştırmalar Ve Çalışmalar Dergisi, 13(25), 344-360. https://doi.org/10.14784/marufacd.975954
AMA
1.Çelik O. CAUSALITY LINKAGES BETWEEN INCOME INEQUALITY AND FINANCIAL GLOBALIZATION FOR G7 COUNTRIES. Finansal Araştırmalar ve Çalışmalar Dergisi. 2021;13(25):344-360. doi:10.14784/marufacd.975954
Chicago
Çelik, Orkun. 2021. “CAUSALITY LINKAGES BETWEEN INCOME INEQUALITY AND FINANCIAL GLOBALIZATION FOR G7 COUNTRIES”. Finansal Araştırmalar Ve Çalışmalar Dergisi 13 (25): 344-60. https://doi.org/10.14784/marufacd.975954.
EndNote
Çelik O (July 1, 2021) CAUSALITY LINKAGES BETWEEN INCOME INEQUALITY AND FINANCIAL GLOBALIZATION FOR G7 COUNTRIES. Finansal Araştırmalar ve Çalışmalar Dergisi 13 25 344–360.
IEEE
[1]O. Çelik, “CAUSALITY LINKAGES BETWEEN INCOME INEQUALITY AND FINANCIAL GLOBALIZATION FOR G7 COUNTRIES”, Finansal Araştırmalar ve Çalışmalar Dergisi, vol. 13, no. 25, pp. 344–360, July 2021, doi: 10.14784/marufacd.975954.
ISNAD
Çelik, Orkun. “CAUSALITY LINKAGES BETWEEN INCOME INEQUALITY AND FINANCIAL GLOBALIZATION FOR G7 COUNTRIES”. Finansal Araştırmalar ve Çalışmalar Dergisi 13/25 (July 1, 2021): 344-360. https://doi.org/10.14784/marufacd.975954.
JAMA
1.Çelik O. CAUSALITY LINKAGES BETWEEN INCOME INEQUALITY AND FINANCIAL GLOBALIZATION FOR G7 COUNTRIES. Finansal Araştırmalar ve Çalışmalar Dergisi. 2021;13:344–360.
MLA
Çelik, Orkun. “CAUSALITY LINKAGES BETWEEN INCOME INEQUALITY AND FINANCIAL GLOBALIZATION FOR G7 COUNTRIES”. Finansal Araştırmalar Ve Çalışmalar Dergisi, vol. 13, no. 25, July 2021, pp. 344-60, doi:10.14784/marufacd.975954.
Vancouver
1.Orkun Çelik. CAUSALITY LINKAGES BETWEEN INCOME INEQUALITY AND FINANCIAL GLOBALIZATION FOR G7 COUNTRIES. Finansal Araştırmalar ve Çalışmalar Dergisi. 2021 Jul. 1;13(25):344-60. doi:10.14784/marufacd.975954

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