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dc.contributor.authorSolberg, Mads Aleksander Svee
dc.contributor.authorBlind, David Johan Sebastian
dc.date.accessioned2022-12-20T08:15:30Z
dc.date.available2022-12-20T08:15:30Z
dc.date.issued2022
dc.identifier.urihttps://hdl.handle.net/11250/3038715
dc.descriptionMasteroppgave(MSc) in Master of Science in Applied Economics - Handelshøyskolen BI, 2022en_US
dc.description.abstractWe evaluate the role of business cycles and some key economic indicators on income disparity within- and between municipalities. We decompose Norwegian mainland GDP between 2006-2017 to a cyclical and trend component and key macroeconomic variables which vary within municipalities. Using Mundlak’s correlated-random effects model we estimate the effect of the business cycle on official inequality measures, the Gini-coefficient and P90/P10. These measures are complemented by a set of individual income measures and fractiles constructed from pensionable- and general income which aims to capture distributional changes. We find that the business cycle is regressive within municipalities while the underlying trend component has an equalizing effect. The between-municipality effects are ambiguous, some evidence speak for a regressive behaviour of the trend component and from the estimated withinand contextual effects it is difficult to infer significant between-effectsen_US
dc.language.isoengen_US
dc.publisherHandelshøyskolen BIen_US
dc.subjectapplied economicsen_US
dc.titleAn inquiry into the relation between Business cycles and Income Inequalityen_US
dc.typeMaster thesisen_US


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