Hailu, Yohannes G.; Kahsai, Mulugeta S.; Gebremedhin, … - 2009
This study focuses on testing the relationship between income inequality and growth within U.S. counties, and the … channels through which such effects are observed. The study tests three hypotheses: (1) income inequality has an inverse …; and (3) income inequality is endogenous to regional growth and its adjustment. Results, based on a system of equations …