wow-inequalities/02-data/intermediate/wos_sample/ef0c40390f8e17e5263f4479b78aa764-zeman-juraj/info.yaml

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2023-09-28 14:46:10 +00:00
abstract: 'Relationship between income inequality and economic growth is ambiguous
one but most mainstream economists view real income increase as a drag
of economic growth as it leads to higher labor cost, lower
competitiveness and reduction of employment. In this study we provide an
alternative view and show that labor income increase may have also
positive effect on growth. Which of these two effects dominates in a
particular country depends on institutional and legal environment of
that country, its macroeconomic conditions and also its economic
policies. We test empirically two distinct economies - a small, very
open economy of Slovakia and a large, closed economy of the Euro area.
We find that in equilibrium, both economies are wage-led on average in
the period 1993 - 2017 and hence it appears to be beneficial to pursue
policies that would reduce income inequality.'
affiliation: 'Zeman, J (Corresponding Author), Natl Bank Slovakia, Imricha Karvasa
1, Bratislava 81305, Slovakia.
Zeman, Juraj, Natl Bank Slovakia, Imricha Karvasa 1, Bratislava 81305, Slovakia.'
author: Zeman, Juraj
author-email: juraj.zeman@nbs.sk
author_list:
- family: Zeman
given: Juraj
da: '2023-09-28'
files: []
issn: 0013-3035
journal: EKONOMICKY CASOPIS
keywords: inequality; wage led growth; profit led growth; Slovakia
keywords-plus: DEMAND
language: English
number: '5'
number-of-cited-references: '15'
pages: 459-480
papis_id: 32e1b9f5aa63f7fc5655e6c40b8d5399
ref: Zeman2019incomedistribution
times-cited: '0'
title: 'Income Distribution and Economic Growth: Empirical Results for Slovakia'
2023-10-01 08:15:07 +00:00
type: article
2023-09-28 14:46:10 +00:00
unique-id: WOS:000473587600001
usage-count-last-180-days: '0'
usage-count-since-2013: '2'
volume: '67'
web-of-science-categories: Economics
year: '2019'