Globalization, Inequality and Economic Policy
Research output: Contribution to journal › Research article › Contributed › peer-review
Contributors
Abstract
In our paper a very simple model is used to analyze the relationship between trade globalization, inequality and economic policy. Although the local government exclusively maximizes the welfare of the marginalized (unemployed) people, the inequality of relative consumption between employed and unemployed will increase with intensified trade liberalization. In contrast to this result the relative income inequality may fall in certain situations.
Details
Original language | English |
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Pages (from-to) | 3-11 |
Journal | Economics and Business Review |
Volume | 5 |
Issue number | 1 |
Publication status | Published - 2019 |
Peer-reviewed | Yes |
External IDs
ORCID | /0000-0002-5574-2576/work/142246382 |
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Scopus | 85087362578 |