Government Debt and Income Inequality: New Methods, New Evidence

碩士 === 國立中山大學 === 高階公共政策碩士班 === 103 === Former scholars in government debt related to income inequality analysis is different empirical results analysis, empirical analysis as Prechel (1985) show the government''s public debt and income inequality was no correlation , but Azzimonti...

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Bibliographic Details
Main Authors: Yi-yuan Chou, 周誼芫
Other Authors: Chyi-Lu Jang
Format: Others
Language:zh-TW
Published: 2015
Online Access:http://ndltd.ncl.edu.tw/handle/3ujchu
Description
Summary:碩士 === 國立中山大學 === 高階公共政策碩士班 === 103 === Former scholars in government debt related to income inequality analysis is different empirical results analysis, empirical analysis as Prechel (1985) show the government''s public debt and income inequality was no correlation , but Azzimonti et al. (2012) study show a positive correlation, but it is still the use of statistical methods to calculate the regression equation correlation between the extent of its variables. Using only a correlation coefficient between variables as depicted in the historical evolution of the long-term ,threatens to lose focus on its interaction ; traditional regression analysis only focused on the impact of a single direction discussion, but not exactly the time to master the process of dynamic change variables.  The study sample are selected from the OECD countries with more complete data from 1996 to 2010 secondary data ,using wavelet coherency analysis showing government debt and income inequality , in different time-series variables presented different frequencies, different levels of dynamic co-movement relationship , more precise analysis of the public debt and income inequality in the short and long-term dynamic interactive correlation.The empirical results based on OECD every country analysis found that income inequality government debt and less stable in the short term dynamic co-movement phenomenon, but in the long term in addition to Ireland, Belgium, Greece, the dynamic negative, the rest are all sorts of dynamic national total shift positive correlation, display relatively short term, long-term government debt and income inequality presentation close co-movement dynamic relationship.