Trade Uncertainty and Income Inequality
29 Pages Posted: 29 Mar 2017
Date Written: March 28, 2017
This paper examines the relationship between trade uncertainty and income inequality. In countries where only a small share of the population is educated, an increase in trade uncertainty is associated with a significant increase in income inequality. As education of the population increases the correlation between trade uncertainty and income inequality becomes smaller. Trade uncertainty has no significant effect on income inequality in countries that are world leaders in education.
Keywords: Trade Uncertainty, Inequality, Education
JEL Classification: F1, E2
Suggested Citation: Suggested Citation