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Income Inequality

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Income Inequality

I am interested in researching the issue of income inequality. Income inequality is the unequal sharing of income among individuals or households in a society. Inequality between the rich and the poor for some years has been increasing, and caused social, economic, and political effects (Aiyar & Ebeke, 2020). I am interested in finding out more about why the gap between rich people and the remaining population has been expanding every day.

I would use various methods of inquiry such as economic theories, statistical analysis, and practical examples to deeply examine what causes income distribution. I would first undertake a review of literature on what causes income inequalities and its various aspects. To find trends or patterns, I will consult academic journals and reports as well as relevant economic statistics. Subsequently, I would explore income inequality's historical context and policy implications, examining government policies, taxation policies, market regulation, and social programs.

References

Aiyar, S., & Ebeke, C. (2020). Inequality of opportunity, inequality of income and economic growth. World Development, 136, 105115. https://doi.org/10.1016/j.worlddev.2020.105115