Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/269439 
Year of Publication: 
2017
Series/Report no.: 
FERDI Working Paper No. P158
Version Description: 
Revised version April 2017
Publisher: 
Fondation pour les études et recherches sur le développement international (FERDI), Clermont-Ferrand
Abstract: 
We analyse the relationship between income volatility and inequality and the conditional role played by aid and remittances. Using a panel of 142 countries for the period 1973 to 2012, we find that income volatility has an adverse impact on inequality, and that the poorest people are the most exposed to these fluctuations. However, while aid and remittances do not seem to have a clear direct impact on inequality, we uncover robust evidence which suggests that aid helps to dampen the negative effects of volatility on the distribution of income, while remittances do not.Keywords: Volatility, Inequality, Aid, and Remittances
Subjects: 
Aid
Income volatility
Inequality
Remittances
JEL: 
F35
F24
O15
Document Type: 
Working Paper

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