NSU Research Contributions
Title : Black Market Premium and Income Distribution
Authors : Mohsen Bahmani-Oskooee, Gour Goswami, Solomon Mebratu:
| Journal Title: The Journal of Developing Areas | Volume Number: 39 | Publication Year : 2006 | Issue Number: 2 |
| Index: scopus | Ranking: Q1 | ISSN: 0022037X, 15482 | Publisher Name: Project-Muse |
| Pages : 17-28 | |||
| Funding Source : None |
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Direct Sustainable Development Goals : SDG8 Decent Work & Economic Growth SDG9 Industry, Innovation & Infrastructure SDG10 Reduced Inequality |
Indirect Sustainable Development Goals : SDG10 Reduced Inequality |
Sustainable Development Sub Goals : Sustain per capita economic growth Achieve higher levels of economic productivity through diversification, technological upgrading and Increase trade support for least developed countries |
| Impact statement: The literature on income inequality includes many studies that have sought to identify factors such as the level of economic development, the rate of economic growth, population growth, resource endowment, price instability, and openness as the main determinants of income inequality. In this paper, we empirically show that income inequality is higher in countries with a black market for foreign exchange. One major policy implication of our finding is that exchange rate unification should reduce income inequality. | Collaboration: Partner University | Keywords: Black market premium, Income Distribution |
