| Abstract [eng] |
Master's thesis - after performing the analysis of the impact of globalization on income inequality from a theoretical aspect, create the goal of assessing the impact of globalization on income inequality and verify it in EU countries during the period 2003 - 2020. This work consists of three sections: The first part of the chapter analyzes in detail globalization of income inequality. This analysis is carried out in order to gain a more detailed understanding of the theoretical aspect of this phenomenon and at the same time by conducting an analysis of empirical research. The fin-dings of the research results increase the understanding of the complexity of this phenomenon. In the second part of the chapter, an empirical model was developed, which evaluates the im-pact of globalization on income inequality in the EU countries in the period from 2003 to 2020. During the study, four hypotheses were put forward, which aim to test the impact of the dimen-sions of general, economic, trade and financial globalization on income inequality. The Gretl program was used in the analysis, and multicollinearity, heteroscedasticity and autocorrelation were taken into account when evaluating the model's suitability. Income inequality was measu-red based on Gini index, decile ratios and quintile ratio, and different dimensions of globalization were measured by indices. This chapter introduces and justifies the variables that are important in examining the effects of globalization on income inequality. The third part of the work, after the dynamic analysis, focuses on globalization, income inequality and related factors. Based on the model presented in the second part and the research methodology, the impact of different dimensions of globalization on income inequality is eva-luated. The study showed that the impact of globalization on income inequality in EU countries is mixed. The results of the conducted research show that general, economic and trade globali-zation increases income inequality, so the first, second and third hypotheses are rejected. The last fourth hypothesis was confirmed, financial globalization increases income inequality in EU countries with a two year lag. |
