A Cross Sectional Analysis On Economic Growth and Income Inequality
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This paper aims to empirically estimate the effect of economic growth on income inequality for the time period of 2016. To conduct the study a total of 144 countries are taken with four independent variables. Using the method of cross sectional analysis the study finds that there is a positive association between GDP Per Capita & income inequality and negative association between unemployment & income inequality .These to findings are explained in a very different way also. After these two exceptional findings the paper concludes with the related policy recommendation.