In this paper I analyze the relation between democracy and income inequality. The literature review shows the presence of four main theoretical lines that explain differently this relation, from time to time as: a linear relation in which democracy affects income inequality; a linear relation in which economic inequality affects democracy; a non-linear relation, which takes the form of the so-called inverted “U”; no statistical relation between democracy and income inequality. Our theoretical model expects that an increase in the quality of democracy within a state reduces, through two channels, the level of income inequality. First channel is a direct one and corresponds to the request of redistributive policies. Second channel is an indirect one and is represented by the increase in the quality of education. The econometric analysis using both a static and a dynamic approaches shows empirical evidence supporting the existence of a non-linear and negative relation between democracy and income inequality.

Democrazia e Diseguaglianza, un’Analisi Empirica / Cellini, Marco. - 72:(2015).

Democrazia e Diseguaglianza, un’Analisi Empirica

CELLINI, MARCO
2015

Abstract

In this paper I analyze the relation between democracy and income inequality. The literature review shows the presence of four main theoretical lines that explain differently this relation, from time to time as: a linear relation in which democracy affects income inequality; a linear relation in which economic inequality affects democracy; a non-linear relation, which takes the form of the so-called inverted “U”; no statistical relation between democracy and income inequality. Our theoretical model expects that an increase in the quality of democracy within a state reduces, through two channels, the level of income inequality. First channel is a direct one and corresponds to the request of redistributive policies. Second channel is an indirect one and is represented by the increase in the quality of education. The econometric analysis using both a static and a dynamic approaches shows empirical evidence supporting the existence of a non-linear and negative relation between democracy and income inequality.
"Democracy" "Income Inequality" "
Democrazia e Diseguaglianza, un’Analisi Empirica / Cellini, Marco. - 72:(2015).
File in questo prodotto:
File Dimensione Formato  
140-469-1-PB (1).pdf

Open Access

Descrizione: Articolo Principale
Tipologia: Versione dell'editore
Licenza: Creative commons
Dimensione 478.16 kB
Formato Adobe PDF
478.16 kB Adobe PDF Visualizza/Apri
Pubblicazioni consigliate

Caricamento pubblicazioni consigliate

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11385/164127
 Attenzione

Attenzione! I dati visualizzati non sono stati sottoposti a validazione da parte dell'ateneo

Citazioni
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact