Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/203936 
Authors: 
Year of Publication: 
2010
Series/Report no.: 
wiiw Working Paper No. 71
Publisher: 
The Vienna Institute for International Economic Studies (wiiw), Vienna
Abstract: 
The paper analyses the joint determinants of inequality and growth with a special emphasis on public spending structures in transition. The mutual benefit of low real interest rates, to both equity and economic development is a major result of this paper. In terms of public spending items we find a positive correlation with equity and a negative one with growth as several of the government expenditure items seem to act counter-cyclically. In the late 1990s and early 2000s the European integration process allowed most of the transition economies to aim for the best of both worlds equity and economic development.
Subjects: 
inequality
government expenditures
economic growth
transition
JEL: 
D63
H5
O4
P2
Document Type: 
Working Paper

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