Income inequality. Literature review

Autor: Arabela ICHIM, Mihaela NECULITA, Daniela Ancuta SARPE
Jazyk: angličtina
Rok vydání: 2018
Předmět:
Zdroj: Risk in Contemporary Economy, Iss 1, Pp 252-259 (2018)
Druh dokumentu: article
ISSN: 20670532
2067-0532
DOI: 10.26397/RCE2067053228
Popis: There is little consensus amongst economists when it comes to income inequality. This study consists of examining existent statistical data on inequality around the world and establish current trends. Furthermore, existing literature and empirical studies is analyzed in order to establish the inequality’s effects on society. High levels of income inequality are associated with higher unemployment, slow economic growth, social problems such as high unemployment and crime crime Moreover, there is even evidence about the correlation between inequality and health problems such as obesity, lower life expectancy and infant mortality.
Databáze: Directory of Open Access Journals