01693cas a2200241 a 4500 AALejournalIMF000497 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451922714 1018-5941 BD-DhAAL BD-DhAAL Sarel, Michael. How Macroeconomic Factors Affect Income Distribution : The Cross-Country Evidence / Michael Sarel. Washington, D.C. : International Monetary Fund, 1997. 1 online resource (25 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This study develops a cross-section empirical framework to examine the relationship between the macroeconomic environment and trends in income distribution. The macroeconomic variables that are found to be associated with an improvement in income distribution are higher growth rate, higher income level, higher investment rate, real depreciation (especially for low-income countries), and improvement in terms of trade. The estimated significant effects of growth, income, and investment provide evidence that policies designed to promote investment and growth are likely also to contribute to an improvement in income distribution. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1997/152 Full text available on IMF http://elibrary.imf.org/view/journals/001/1997/152/001.1997.issue-152-en.xml IMF e-Library