%0 Journal Article
%T Real interest rate and its effect on income inequality
%A Muhammet Sait Bozik
%J -
%D 2019
%X Clarifying the factors for continually increasing income inequality is important to maintain fairness. This study, seeking to fulfil this objective, examines nine developed countries for the period of 2005-2015 and five developing countries for the period of 2003-2013. Utilizing panel data techniques, the study finds that where the price level of per capita investment is dependent variable of income distribution in developing countries, it exhibits a 5 pct-significance correlation. The real interest rate has no significant effect upon the income distribution variable. In developed countries, the human capital and real interest rate variable has a significant effect upon income distribution. Increase in human capital makes the income distribution fairer whereas increase in the real interest rate disrupts income equality
%K Gelir adaleti
%K reel faiz oran£¿
%K e£¿itsizlik
%U http://dergipark.org.tr/iuipad/issue/47483/572329