{"id":3360,"date":"2012-01-19T20:21:41","date_gmt":"2012-01-19T18:21:41","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=3360"},"modified":"2012-01-19T20:22:25","modified_gmt":"2012-01-19T18:22:25","slug":"income-inequality-and-current-account-imbalances","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/income-inequality-and-current-account-imbalances\/","title":{"rendered":"Income Inequality and Current Account Imbalances"},"content":{"rendered":"<p>Kumhof, Michael, \u00a0Lebarz, Claire, \u00a0Ranciere, Romain, \u00a0Richter, Alexander , &amp; Throckmorton, Nathaniel.<\/p>\n<p>This paper studies the empirical and theoretical link between increases in income inequality and increases in current account deficits. Cross-sectional econometric evidence shows that higher top income shares, and also financial liberalization, which is a common policy response to increases in income inequality, are associated with substantially larger external deficits.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>IMF<\/p>\n<p><a href=\"http:\/\/www.imf.org\/external\/pubs\/ft\/wp\/2012\/wp1208.pdf\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kumhof, Michael, \u00a0Lebarz, Claire, \u00a0Ranciere, Romain, \u00a0Richter, Alexander , &amp; Throckmorton, Nathaniel. This paper studies the empirical and theoretical link between increases in income inequality and increases in current account deficits. Cross-sectional econometric evidence shows that higher top income shares, and also financial liberalization, which is a common policy response to increases in income inequality, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,34],"tags":[28,25],"class_list":["post-3360","post","type-post","status-publish","format-standard","hentry","category-19","category-34","tag-28","tag-25"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=3360"}],"version-history":[{"count":2,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3360\/revisions"}],"predecessor-version":[{"id":3363,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3360\/revisions\/3363"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=3360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=3360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=3360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}