Metadata only
Datum
2015-01Typ
- Working Paper
ETH Bibliographie
yes
Altmetrics
Abstract
We examine the relationship between capitalism and income inequality for a large sample of countries using an adjusted economic freedom index as proxy for capitalism and Gini coefficients based on gross-income as proxy for income inequality. Our results suggest that there is no robust relationship between economic freedom and income inequality. In addition, we analyze the relationship between income redistribution (measured by the ratio of the income distribution resulting from market processes and the income distribution after redistribution) and ethno-linguistic fractionalization. We find that the impact of ethno-linguistic fractionalization on income redistribution is conditional on the level of economic freedom: countries that have a high degree of fractionalization have less income redistribution, while capitalist countries that have a low degree of fractionalization have more income distribution. Mehr anzeigen
Publikationsstatus
publishedExterne Links
Zeitschrift / Serie
CESifo Working PapersBand
Verlag
CESifoThema
Income inequality; Redistribution; Economic freedom; Ethno-linguistic fractionalizationOrganisationseinheit
03716 - Sturm, Jan-Egbert / Sturm, Jan-Egbert
02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
ETH Bibliographie
yes
Altmetrics