PRIVATE INSURANCE AND INCOME INEQUALITY IN IRAN

Journal Title: Asian Economic and Financial Review - Year 2015, Vol 5, Issue 3

Abstract

This study surveys the impact of private insurance on income distribution. For this purpose, the panel data of the Iran?s provinces, during 2000 to 2012, has been used. The Provincial data has been gathered for 11 divided districts and the impact of private insurance as well as Inflation, unemployment and economic growth on the Gini coefficient has been tested by means of these data. As the dependency of districts has not been rejected by CD test result, data stationary has been tested by CIPS method and the SUR method has been used to evaluate the research model. Overall, this study indicates that the income inequality in Iran has been reduced by growth of private insurance.

Authors and Affiliations

Mani Motameni| Assistant Professor, University of Mazandaran, Iran

Keywords

Long-Run and Short-Run Dynamics among the Sectoral Stock Indices: Evidence from Turkey

This paper investigates the short-run and long-run dynamics among the major sectoral stock indices of the Istanbul Stock Exchange over the period 1997-2011. Long-run relationship among these indices is analyzed by using...

EFFECTS OF SMS ON WRITING SKILLS OF THE UNIVERSITY STUDENTS IN PAKISTAN (A CASE STUDY OF UNIVERSITY OF GUJRAT)

The current study is intended to discover the effect of the SMS using habits on writing skills of the university students of Pakistan and to show how this novel medium of communication is affecting the writing skills of...

INFLATION AND UNEMPLOYMENT NEXUS IN NIGERIA: ANOTHER TEST OF THE PHILLIP’S CURVE

This research work examines the inflation and unemployment nexus in Nigeria by testing if the original Phillips curve proposition holds for Nigeria. The study adopted a distributed lag model with data covering the period...

EMPIRICAL TESTING OF EXCHANGE RATE AND INTEREST RATE TRANSMISSION CHANNELS IN CHINA

This paper examines the exchange rate and interest rate volatility transmission channels in China by applying Granger causality, Johansen cointegration, and the VAR model. Empirical results taken from the exchange rate c...

IS PAKISTAN STOCK MARKET MOVING TOWARDS WEAK-FORM EFFICIENCY? EVIDENCE FROM THE KARACHI STOCK EXCHANGE AND THE RANDOM WALK NATURE OF FREE-FLOAT OF SHARES OF KSE 30 INDEX

In this study, we have attempted to seek evidence for weak-form of market efficiency for KSE 100 Index because over the last five years KSE 100 Index has shown substantial growth as compared to other emerging stock marke...