Araştırma Makalesi

CAUSALITY LINKAGES BETWEEN INCOME INEQUALITY AND FINANCIAL GLOBALIZATION FOR G7 COUNTRIES

Cilt: 13 Sayı: 25 31 Temmuz 2021
  • Orkun Çelik
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CAUSALITY LINKAGES BETWEEN INCOME INEQUALITY AND FINANCIAL GLOBALIZATION FOR G7 COUNTRIES

Öz

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

Anahtar Kelimeler

Kaynakça

  1. AGNELLO, L., MALLICK, S.K., & SOUSA, R.M. (2012). Financial reforms and income inequality. Economics Letters, 116(3), 583-587. DOI: 10.1016/j.econlet.2012.06.005
  2. AKBAKAY, Z., & BARAK, D. (2020). Yükselen piyasalarda ekonomik küreselleşme ve gelir eşitsizliği ilişkisi. Uluslararası Yönetim İktisat ve İşletme Dergisi, 16(1), 17-34. DOI: 10.17130/ijmeb.700812
  3. ALDERSON, A.S., BECKFIELD, J., & NIELSEN, F. (2005). Exactly how has income inequality changed? Patterns of distributional change in core societies. Luxembourg Income Study Working Paper Series, No. 422.
  4. ASTERIOU, D., DIMELIS, S., & MOUDATSOU, A. (2014). Globalization and income inequality: A panel data econometric approach for the EU27 countries. Economic Modelling, 36, 592-599. DOI: 10.1016/j.econmod.2013.09.051
  5. ATKINSON, A.B. (2000). The changing distribution of income: Evidence and explanations. German Economic Review, 1(1), 3-18. DOI: 10.1111/1468-0475.00002
  6. ATKINSON, A.B. (2003). Income inequality in OECD countries: Data and explanations. Center for Economic Studies and Ifo Institute (CESifo) Working Paper, No. 881.
  7. BAEK, I., & SHI, Q. (2016). Impact of economic globalization on income inequality: Developed economies vs emerging economies. Global Economy Journal, 16(1), 49-61. DOI: 10.1515/gej-2015-0047
  8. BALAN, F., TORUN, M., & KILIC, C. (2015). Globalization and income inequality in G7: A bootstrap panel Granger causality analysis. International Journal of Economics and Finance, 7(10), 192-203.

Ayrıntılar

Birincil Dil

İngilizce

Konular

-

Bölüm

Araştırma Makalesi

Yazarlar

Yayımlanma Tarihi

31 Temmuz 2021

Gönderilme Tarihi

7 Mayıs 2020

Kabul Tarihi

17 Haziran 2021

Yayımlandığı Sayı

Yıl 2021 Cilt: 13 Sayı: 25

Kaynak Göster

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. JFRS. 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 (01 Temmuz 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”, JFRS, c. 13, sy 25, ss. 344–360, Tem. 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 (01 Temmuz 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. JFRS. 2021;13:344–360.
MLA
Çelik, Orkun. “CAUSALITY LINKAGES BETWEEN INCOME INEQUALITY AND FINANCIAL GLOBALIZATION FOR G7 COUNTRIES”. Finansal Araştırmalar ve Çalışmalar Dergisi, c. 13, sy 25, Temmuz 2021, ss. 344-60, doi:10.14784/marufacd.975954.
Vancouver
1.Orkun Çelik. CAUSALITY LINKAGES BETWEEN INCOME INEQUALITY AND FINANCIAL GLOBALIZATION FOR G7 COUNTRIES. JFRS. 01 Temmuz 2021;13(25):344-60. doi:10.14784/marufacd.975954

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