TY - JOUR
T1 - Pandemics and Income Inequality
T2 - What Do the Data Tell for the Globalization Era?
AU - Chen, Tiejun
AU - Gozgor, Giray
AU - Koo, Chun Kwong
N1 - Publisher Copyright:
© Copyright © 2021 Chen, Gozgor and Koo.
PY - 2021/5/28
Y1 - 2021/5/28
N2 - This paper empirically investigates the effects of pandemics uncertainty on income inequality We consider a new measure of pandemics uncertainty, the World Pandemic Discussion Index (WPDI), and the post-tax (net) Gini coefficient We focus on the panel data of 141 countries from 1996 to 2020. The results from the Feasible General Least Squares estimations indicate that the WPDI is negatively related to income inequality in 107 non-OECD countries. However, the WPDI is positively associated with income inequality in 34 OECD economies. This evidence remains robust when considering different models, including several controls, and implementing various sensitivity analyses.
AB - This paper empirically investigates the effects of pandemics uncertainty on income inequality We consider a new measure of pandemics uncertainty, the World Pandemic Discussion Index (WPDI), and the post-tax (net) Gini coefficient We focus on the panel data of 141 countries from 1996 to 2020. The results from the Feasible General Least Squares estimations indicate that the WPDI is negatively related to income inequality in 107 non-OECD countries. However, the WPDI is positively associated with income inequality in 34 OECD economies. This evidence remains robust when considering different models, including several controls, and implementing various sensitivity analyses.
KW - COVID-19 crisis
KW - Feasible General Least Squares estimations
KW - Income inequality
KW - WPDI
KW - World Pandemic Discussion Index
KW - pandemics uncertainty
UR - http://www.scopus.com/inward/record.url?scp=85107585577&partnerID=8YFLogxK
U2 - 10.3389/fpubh.2021.674729
DO - 10.3389/fpubh.2021.674729
M3 - Article
C2 - 34123994
AN - SCOPUS:85107585577
SN - 2296-2565
VL - 9
JO - Frontiers in Public Health
JF - Frontiers in Public Health
M1 - 674729
ER -