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Inequality Persistence of 21 OECD Countries from 1870 to 2020: Linear and Non-Linear Fractional Integration Approaches

This paper investigates inequality persistence in a group of 21 OECD countries using linear and non-linear fractionally integrated methods. Using linear models, the results show that the series are strongly persistent which implies lack of average reversal and permanency of shocks. Mean reversion is...

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Detalles Bibliográficos
Autores principales: Solarin, Sakiru Adebola, Lafuente, Carmen, Gil-Alana, Luis A., Blanch, Maria Jesus Gonzalez
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Netherlands 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9340753/
https://www.ncbi.nlm.nih.gov/pubmed/35937978
http://dx.doi.org/10.1007/s11205-022-02982-x