Income inequality and economic freedom in the U.S. states
AbstractThis paper examines the impact of economic freedom on income inequality using cross-sectional data for U.S. states. While previous research has explored this relationship internationally, the results have been conflicting. In addition, while it seems obvious that the large institutional differences across countries will impact income inequality, it isnât so obvious that the smaller variation in policies among U.S. states can have a measurable impact. Can improvements in income inequality be used as a justification for marginal pro-market policy reforms at the state level, or is this argument applicable only to national-level institutional reforms?
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Bibliographic InfoArticle provided by Springer in its journal Public Choice.
Volume (Year): 134 (2008)
Issue (Month): 3 (March)
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Web page: http://www.springerlink.com/link.asp?id=100332
Inequality; Economic freedom; Institutions; H11;
Other versions of this item:
- Nathan J. Ashby & Russell S. Sobel, 2006. "Income Inequality and Economic Freedom in the U.S. States," Working Papers 06-08 Classification-, Department of Economics, West Virginia University.
- H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
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