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Wealth Inequality: Analysis based on 21 EU countries
Jönköping University, Jönköping International Business School, JIBS, Economics.
Jönköping University, Jönköping International Business School, JIBS, Economics.
2019 (English)Independent thesis Basic level (degree of Bachelor), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

The aim of this thesis is to examine how wealth inequality alters when macroeconomic factors such as housing price index, inflation rate, and minimum wage change. In the theoretical part, the potential connection between some macroeconomic factors and wealth inequality is described through the link of the Lorenz Curve and Pareto distribution. In the empirical part, we analyze the development of wealth inequality in 21 countries from the European Union from 2004 to 2015. The study presents significant evidence that the housing price index is negatively correlated with wealth inequality while similar conclusions cannot be made regarding inflation rate and minimum wage. In this paper, the Gini index is used as a proxy for wealth inequality.

Place, publisher, year, edition, pages
2019. , p. 34
Series
JIBS Dissertation Series, ISSN 1403-0470
Keywords [en]
Wealth Inequality, Gini Index, Housing Price Index, Minimum Wage, Inflation Rate
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-44333ISRN: JU-IHH-NAA-1-20190143OAI: oai:DiVA.org:hj-44333DiVA, id: diva2:1322552
Subject / course
JIBS, Economics
Presentation
2019-05-28, B3052, Jönköping University, Jönköping, 14:20 (English)
Supervisors
Examiners
Available from: 2019-06-20 Created: 2019-06-10 Last updated: 2019-06-20Bibliographically approved

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CiteExportLink to record
Permanent link

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Citation style
  • apa
  • ieee
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  • vancouver
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Language
  • de-DE
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  • en-US
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Output format
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