Classification
Empirical Undergraduate
Abstract
A major issue impacting the world economy today is income inequality. Our research examines the relationship that income inequality has on gross domestic product (GDP) and other contributing factors. Contrary to popular belief, income inequality may not be good for an economy. Low levels of inequality have a positive correlation with economic growth while high levels have a negative one. Our research analyzes the differences in income inequality between regions. Indicators from the world bank will be analyzed to validate our expectations.
Department/Program
Economics, Finance, & Accounting
Submission Type
online only poster
Date
4-22-2020
Rights
Copyright the Author(s)
Recommended Citation
Brassfield, Cayleigh and Schreyer, Sam
(2020)
"What Factors Affect Income Inequality?,"
SACAD: John Heinrichs Scholarly and Creative Activity Days: Vol. 2020, Article 8.
DOI: 10.58809/YBOH3412
Available at:
https://scholars.fhsu.edu/sacad/vol2020/iss2020/8
Comments
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