The impact of uncertainty and macroeconomic on income inequality in indonesia

HIGHLIGHTS

  • What: This study explores the impact of global uncertainty and macroeconomic factors on income inequality in Indonesia from 1991 to 2023 employing the Autoregressive Distributed Lag (ARDL) and Error Correction Model (ECM) methodologies. The research undertaken by Leduc and amp; Liu aligns with the conclusions of Fischer et_al indicating that uncertainty shocks lead to a substantial rise in unemployment that persists for almost two years, whereas inflation experiences a notable decline for around 15 months. This study seeks to fill this research vacuum by investigating the phenomenon of income disparity in Indonesia. This study undertakes a comprehensive . . .

     

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