Jurnal Ilmu Ekonomi
Vol. 8 No. 03 (2024): Jurnal Ilmu Ekonomi

Increasing Income Inequality Through Globalization And Financialization: Evidence From OECD Countries

Muhammad Budi Utama (Unknown)
Miftakhul Choiti (Unknown)



Article Info

Publish Date
21 Jul 2024

Abstract

Globalization, financialization, and digital technology are expected to help economic sectors run more effectively so that they can be distributed to a country's people, which will reduce inequality. However, this is not the case in some countries, where globalization, financialization, and digital technology can worsen income inequality. Therefore, this study aims to see how far globalization and financialization can reduce income inequality by adding the effect of digital technology. This study was conducted in 10 OECD countries for 12 years, starting from 2010-2021, and was processed using the Eviews statistical tool. The results show that globalization worsens income inequality in OECD countries, financialization can reduce income inequality, and digital technology impacts income inequality in OECD countries.

Copyrights © 2024






Journal Info

Abbrev

jie

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Jurnal Ilmu Ekonomi, aims to bridge the gap between research and practice, providing information, ideas and opinion, in addition to critical examinations of advances in economic research. Through the coverage of policy and economic developments, the latest results of research into the assessment of ...