Eurasian Journal of Law, Finance and Applied Sciences 2-jild 3-son (2022) · 93–99-betlar

THE ECONOMETRIC ANALYSIS OF INCOME INEQUALITY IN THE REPUBLIC OF UZBEKISTAN

Soliyev, Farrux

DOI: 10.5281/zenodo.6417026 · Manbada o'qish →

Annotatsiya

The Kuznet Curve is a phenomena in which income distribution worsens in the early stages of economic expansion before improving later. The tendency is thought to have developed as a result of labor shifts from a more egalitarian agricultural sector to the industrial sector, where higher income prospects are exploited by a select few. The Kuznet curve, on the other hand, could be the product of a variety of other factors. For example, according to Greenwood and Jovanovich (1990), financial sector expansion may raise income inequality in the early stages when only a few people have access to bank credit, but then decrease as more people have access to formal credit

income inequalityKuznet curveequilibrium

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