Income Inequality in the Over-Indebted Eurozone Countries and the Role of the Excessive Deficit Procedure

Open Economies Review · 2023 · PMC10248329

Europe PMC

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a decreasing trendno p-value reported

A clear upward trend emerged in the case of Italy and Greece, the two PIGS economies where labor share appears to matter for income inequality; a decreasing trend was observed for both Portugal and Spain.

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weakly significantno p-value reported

18 When using EDP as a unique predictor together with GINI-1(SP), we get a weakly significant and positive coefficient and the overall goodness of fit of that model was moderately worse than Model 3.

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