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Trade uncertainty and income inequality

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  • Markus Brueckner
  • Joaquin Vespignani

Abstract

This paper examines the relationship between trade uncertainty and income inequality. In countries where only a small share of the population is educated, an increase in trade uncertainty is associated with a significant increase in income inequality. As education of the population increases the correlation between trade uncertainty and income inequality becomes smaller. Trade uncertainty has no significant effect on income inequality in countries that are world leaders in education.

Suggested Citation

  • Markus Brueckner & Joaquin Vespignani, 2017. "Trade uncertainty and income inequality," CAMA Working Papers 2017-24, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    • Handle: RePEc:een:camaaa:2017-24
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    File URL: https://cama.crawford.anu.edu.au/sites/default/files/publication/cama_crawford_anu_edu_au/2017-03/24_2017_brueckner_vespignani.pdf
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    References listed on IDEAS

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    Cited by:

    1. Tian, Jilin & Sim, Nicholas & Yan, Wenshou & Li, Yanyun, 2020. "Trade uncertainty, income, and democracy," Economic Modelling, Elsevier, vol. 90(C), pages 21-31.
    2. Obiakor, Rowland & Akpa, Emeka & Okwu, Andy, 2022. "Economic Size, Uncertainty, and Income Inequality in Nigeria," MPRA Paper 113637, University Library of Munich, Germany.

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    More about this item

    Keywords

    Trade Uncertainty; Inequality; Education;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment

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